AI assistant
Alphatec Holdings, Inc. — Director's Dealing 2013
Jun 25, 2013
31614_dirs_2013-06-25_aa24ab56-d99f-496d-a3b1-90de57a4ae66.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Alphatec Holdings, Inc. (ATEC)
CIK: 0001350653
Period of Report: 2013-06-21
Reporting Person: CROSS LESLIE H (Director, Chairman and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-21 | Incentive Stock Option | $2.01 | A | 200000 | Disposed | 2023-01-04 | Common Stock (200000) | Direct |
| 2013-06-21 | Incentive Stock Option | $2.05 | A | 400000 | Disposed | 2022-03-13 | Common Stock (400000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Incentive Stock option | $1.72 | 2023-01-04 | Common Stock (200000) | 225000 | Direct |
| NQ Stock Option | $2.62 | 2021-03-25 | Common Stock (25000) | 25000 | Direct |
Footnotes
F1: The shares vest annually over three years.
F2: 25% vest on January 4, 2014, and the remaining 75% vest in 12 equal tranches every three months thereafter.
F3: Exercise price per share.
F4: 31.25% of the options were eligible to vest on the date of grant. An additional 6.25% become eligible to vest on September 13, 2013 and every three months thereafter. In addition, in order to vest, two criteria must be met on a vesting date: (i) Mr. Cross must be Chairman or CEO; and (ii) the achievement of certain stock performance metrics.