CROSS LESLIE H 4
4 · Alphatec Holdings, Inc. · Filed Jan 8, 2013
Insider Transaction Report
Form 4
CROSS LESLIE H
Director
Transactions
- Award
Incentive Stock Option
2013-01-04$1.72/sh−400,000$688,000→ 825,000 totalExercise: $1.72From: 2014-01-04Exp: 2023-01-04→ Common Stock (400,000 underlying)
Holdings
- 425,000
Incentive Stock Option
Exercise: $2.05From: 2013-03-13Exp: 2022-03-13→ Common Stock (400,000 underlying) - 25,000
NQ Stock Option
Exercise: $2.62From: 2012-03-25Exp: 2021-03-25→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]The shares vest annually over three years.
- [F2]25% vest on the anniversary grant, and 1/12th of the vests every three months thereafter. In addition, in order to vest, two criteria must be met on a vesting date: (i) Mr. Cross must be Chairman or CEO; and (ii) the achievement of certain stock performance metrics.
- [F3]Exercise price per share.
- [F4]The options vest over four years with 25% vesting on the anniversary of the grant date and the remaining 75% vesting in 12 tranches every three months thereafter.