Howell Kelli Mari 4
4 · Alphatec Holdings, Inc. · Filed Aug 1, 2018
Insider Transaction Report
Form 4
Howell Kelli Mari
EVP, Clinical Strategies
Transactions
- Award
Employee Stock Option (right to buy)
2018-07-30+71,006→ 71,006 totalExercise: $2.69From: 2019-07-30Exp: 2028-07-30→ Common Stock (71,006 underlying) - Award
Common Stock
2018-07-30+48,810→ 98,810 total
Footnotes (3)
- [F1]On July 30, 2018, issuer granted to the reporting person 48,810 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of issuer's common stock.
- [F2]The restricted stock units vest in four equal installments on each of the first four anniversaries of the grant date.
- [F3]The option will vest 25% on the first anniversary of the grant date and thereafter in 36 equal monthly installments; provided, however, that no portion of the option shall be exercisable at any time during the first four years following the grant date 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 $4.20 per share. Should the publicly-traded stock price for the securities underlying the option reach a 30-day average trading price at or above $4.20 per share, this pricing condition on the exercise of the option shall be satisfied, and shall terminate.