SEC Form 4 · accession 0001181431-15-005290
Alphatec Holdings, Inc. · ATEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie H Cross
Director
Period of report
Feb 25, 2015
Accepted (ET)
Mar 31, 2015 · 1:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001350653
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Common StockF1 | Feb 25, 2015 | A | 55,556 | $0.00 | A | 570,326 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ Stock OptionF3,F2 | $1.35 | Feb 25, 2015 | A | 68,027 | A | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 68,027 | 1,080,527 | D |
Explanation of responses
- F1The shares vest in four tranches with 25% of the shares being eligible for vesting on each anniversary of the date of the grant. The vesting is also continegent upon the company achieving a defined level of stock performance.
- F225% of the shares vest on the anniversary of the date of grant. The remaining 75% of the shares vest in 12 tranches each three-months thereafter.
- F3Exercise price per share.