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Alphatec Holdings, Inc. — Director's Dealing 2017
Jul 28, 2017
31614_dirs_2017-07-27_02f2342f-57ce-4389-8245-17df8af9f5fe.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Alphatec Holdings, Inc. (ATEC)
CIK: 0001350653
Period of Report: 2017-07-26
Reporting Person: Snider Brian (EVP, Strat. Mktg & Prod. Dev.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-26 | Employee Stock Option (right to buy) | $1.68 | A | 193000 | Acquired | 2027-07-26 | Common Stock (193000) | Direct |
Footnotes
F1: The option vests over four years with 25% vesting on the first anniversary of the grant date and the remaining 75% vesting in 36 installments every month for the three years thereafter; provided, however, that no portion of the option shall be exercisable at any time unless and until the publicly-traded stock price for the securities underlying the option reaches a 30-day average trading price equal to or above $3.00 per share. Should the publicly-traded stock price for the securities underlying the option reach a 30-day average trading price at or above $3.00 per share, this pricing condition on the exercise of the option shall be satisfied, and shall terminate.