Demski David M 4
4 · Alphatec Holdings, Inc. · Filed Oct 19, 2023
Insider Transaction Report
Form 4
Demski David M
Director
Transactions
- Award
Common Stock
2023-10-17+23,852→ 151,694 total - Award
Common Stock
2023-10-17+7,842→ 127,842 total
Footnotes (3)
- [F1]On October 17, 2023, issuer granted to the reporting person 7,842 restricted stock units which vest on the earlier of (a) the next annual meeting of stockholders and (b) the death or resignation of the reporting person. In the event of death or resignation of the reporting person, the grant will vest pro-rata based on the number of actual days served by the reporting person from the time of the grant to such death or resignation, divided by 365.
- [F2]Each restricted stock unit represents a contingent right to receive one share of issuer's common stock.
- [F3]On October 17, 2023, issuer also granted to the reporting person 23,852 restricted stock units which vest in three equal installments on each of October 17, 2024, October 17, 2025, and October 17, 2026.