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Alphatec Holdings, Inc. — Director's Dealing 2014
May 8, 2014
31614_dirs_2014-05-08_5be0ccb8-adb0-45e5-b276-6f83add425c5.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Alphatec Holdings, Inc. (ATEC)
CIK: 0001350653
Period of Report: 2014-05-01
Reporting Person: CORBETT JAMES (Director, President and CEO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Restricted Common Stock | 250000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Incentive Stock Options | $1.36 | 2024-05-01 | Common Stock (250000) | Direct | |
| Incenctive Stockl Optionms | $1.36 | 2024-05-01 | Common Stock (250000) | Direct |
Footnotes
F1: The shares vest over four years, with 25% of such shares vesting on each anniversary of the grant date, provided that the total shareholder return for a $100 investment in the Company's common stock that was invested one year prior to the applicable vesting date is no less than the median total shareholder return over such period of $100 invested in the Company's executive compensation peer group, as determined by the Board in its sole discretion (the "Performance Criteria").
F2: The options vest over four years, with 25% of such options vesting on the first anniversary of the grant date and the remaining 75% of such options vesting in 12 tranches each three month period thereafter.
F3: The options vest over four years, with 25% vesting on each anniversary of the grant date, but only if the Performance Criteria is met.