SEC Form 4 · accession 0001350653-16-000125
Alphatec Holdings, Inc. · ATEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Joseph Plunkett
Officer — President and COO
Period of report
Dec 12, 2016
Accepted (ET)
Dec 16, 2016 · 1:17 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock - Restricted Stock UnitsF1,F2,F3 | Dec 12, 2016 | A | 100,000 | $0.00 | A | 120,961 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF5,F4 | $4.43 | Dec 12, 2016 | A | 25,000 | A | Nov 8, 2017 | Dec 12, 2026 | Common Sock | 25,000 | 48,750 | D |
Explanation of responses
- F1The RSUs vest over four years. 25% of the RSUs vest annually on the anniversary of the grant date and 25% vest on each anniversary thereafter.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- F3Does not include performance-based restricted stock units, if any, held by the Reporting Person for which an assessment has not yet been made regarding the achievement of the applicable performance goals.
- F4The options vest over four years with 25% vesting on November 8, 2016 and the remainder vesting in 36 installments each month thereafter.
- F5The exercise price per share.