4//SEC Filing
Segal Paul 4
Accession 0001567619-22-020632
CIK 0001350653other
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 5:20 PM ET
Size
11.4 KB
Accession
0001567619-22-020632
Insider Transaction Report
Form 4
L-5 Healthcare Partners, LLC
10% OwnerOther
Transactions
- Exercise of In-Money
Warrants to Purchase Common Stock
2022-11-17−1,000,000→ 4,346,032 totalExercise: $3.50From: 2018-05-17Exp: 2023-05-17→ Common Stock (1,000,000 underlying) - Tax Payment
Common Stock
2022-11-17$10.40/sh−336,625$3,500,900→ 9,530,345 total - Exercise/Conversion
Common Stock
2022-11-17$3.50/sh+1,000,000$3,500,000→ 9,866,970 total
Segal Paul
10% OwnerOther
Transactions
- Tax Payment
Common Stock
2022-11-17$10.40/sh−336,625$3,500,900→ 9,530,345 total - Exercise/Conversion
Common Stock
2022-11-17$3.50/sh+1,000,000$3,500,000→ 9,866,970 total - Exercise of In-Money
Warrants to Purchase Common Stock
2022-11-17−1,000,000→ 4,346,032 totalExercise: $3.50From: 2018-05-17Exp: 2023-05-17→ Common Stock (1,000,000 underlying)
Footnotes (4)
- [F1]Each of Andy Barnett and Evan Bakst serve on the board of directors of the issuer as a representative of the reporting persons. As a result, each reporting person herein may be deemed a director by deputization for the purposes of Section 16 of the Exchange Act.
- [F2]Paul Segal directly (through his position as manager of L-5 Healthcare Partners, LLC ("L-5")) may be deemed to control L-5 and to have shared voting and investment power with respect to the shares beneficially owned by L-5. As such, Mr. Segal may be deemed to have shared beneficial ownership of the shares beneficially owned by L-5. Mr. Segal, however, disclaims beneficial ownership of such shares, except to the extent of his indirect pecuniary interest therein.
- [F3]Represents a "cashless exercise" of outstanding warrants. The reporting person received 663,375 shares of Common Stock on cashless exercise of warrants to purchase 1,000,000 shares of Common Stock. The Company withheld 336,625 shares of Common Stock underlying the warrants for payment of the exercise price, using the VWAP on November 16, 2022 of approximately $10.40, pursuant to the terms of the warrant.
- [F4]Paul Segal separately is the direct beneficial owner of 338,825 shares of Common Stock of the Issuer.
Documents
Issuer
Alphatec Holdings, Inc.
CIK 0001350653
Entity typeother
Related Parties
1- filerCIK 0001427470
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 5:20 PM ET
- Size
- 11.4 KB