Plunkett Michael Joseph 4
4 · Alphatec Holdings, Inc. · Filed Jul 27, 2017
Insider Transaction Report
Form 4
Plunkett Michael Joseph
Chief Operating Officer
Transactions
- Award
Employee Stock Option (right to buy)
2017-07-26+193,000→ 193,000 totalExercise: $1.68From: 2018-07-26Exp: 2027-07-26→ Common Stock (193,000 underlying)
Footnotes (1)
- [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.