4//SEC Filing
Snider Brian 4
Accession 0001179110-19-006128
CIK 0001350653other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 8:12 PM ET
Size
8.2 KB
Accession
0001179110-19-006128
Insider Transaction Report
Form 4
Snider Brian
See Remarks
Transactions
- Award
Common Stock
2019-05-13+177,340→ 342,247 total - Award
Common Stock
2019-05-13+44,335→ 391,102 total
Footnotes (4)
- [F1]On May 13, 2019, issuer granted to the reporting person 177,340 restricted stock units, subject to stockholder approval of an amendment to issuer's 2016 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by 4,000,000 shares. The restricted stock units vest in four equal installments on each of the first four anniversaries of the grant date; provided, however, that no portion of the restricted stock units shall vest at any time during the first four years following the grant date unless and until the publicly-traded stock price for the issuer's common stock reaches a 30-day average trading price equal to or above $5.36 per share (representing a 30% increase in the price per share as of the grant date). Should the publicly traded stock price for the issuer's common stock reach a 30-day average trading price at or above $5.36 per share, this pricing condition on the vesting of the restricted stock units shall be satisfied, and shall terminate.
- [F2]On May 13, 2019, issuer granted to the reporting person 44,335 restricted stock units, subject to stockholder approval of an amendment to issuer's 2016 Equity Incentive Plan to increase the number of shares authorized for issuance under the plan by 4,000,000 shares. The restricted stock units vest on the fourth anniversary of grant date; provided, however, that no portion of such restricted stock units shall vest unless the publicly-traded stock price for the issuer's common stock at the close of the market on such fourth anniversary date is equal to or greater than $6.18 per share (representing a 50% increase in the price per share as of the grant date).
- [F3]Each restricted stock unit represents a contingent right to receive one share of issuer's common stock.
- [F4]Includes 4520 shares acquired under the issuer's employee stock purchase plan on May 15, 2019.
Documents
Issuer
Alphatec Holdings, Inc.
CIK 0001350653
Entity typeother
Related Parties
1- filerCIK 0001702383
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 8:12 PM ET
- Size
- 8.2 KB