Alphatec Holdings, Inc. 4
4 · Alphatec Holdings, Inc. · Filed Jun 25, 2013
Insider Transaction Report
Form 4
CROSS LESLIE H
Director
Transactions
- Award
Incentive Stock Option
2013-06-21$2.05/sh−400,000$820,000→ 625,000 totalExercise: $2.05From: 2013-09-13Exp: 2022-03-13→ Common Stock (400,000 underlying) - Award
Incentive Stock Option
2013-06-21$2.01/sh−200,000$402,000→ 825,000 totalExercise: $2.01From: 2014-01-04Exp: 2023-01-04→ Common Stock (200,000 underlying)
Holdings
- 225,000
Incentive Stock option
Exercise: $1.72From: 2014-01-04Exp: 2023-01-04→ Common Stock (200,000 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 January 4, 2014, and the remaining 75% vest in 12 equal tranches every three months thereafter.
- [F3]Exercise price per share.
- [F4]31.25% of the options were eligible to vest on the date of grant. An additional 6.25% become eligible to vest on September 13, 2013 and 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.