Patrick Miles - 10 May 2023 Form 4 Insider Report for Alphatec Holdings, Inc. (ATEC)

Role
CEO, Director
Signature
/s/ Tyson E. Marshall, Attorney-in-Fact
Issuer symbol
ATEC
Transactions as of
10 May 2023
Transactions value $
$120
Form type
4
Filing time
12 May 2023, 18:00:13 UTC
Previous filing
12 Apr 2023
Next filing
20 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATEC Common Stock Options Exercise $944K +270K +4.82% $3.50 5.87M 10 May 2023 Direct
transaction ATEC Common Stock Tax liability -$944K -60.5K -1.03% $15.61 5.81M 10 May 2023 Direct F1
holding ATEC Common Stock 10.9K 10 May 2023 By IRA
holding ATEC Common Stock 250K 10 May 2023 By MOM, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATEC Warrants (right to buy) Options Exercise $0 -270K -100% $0.00* 0 10 May 2023 Common Stock 270K $3.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 10, 2023, the reporting person exercised warrants to purchase 269,842 shares of the issuer's common stock for $3.50 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 60,495 of the warrant shares to pay the exercise price and issuing to the reporting person 209,347 shares.