Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ATEC | Common Stock | Award | +20.9K | +4.33% | 504K | Apr 1, 2025 | Direct | F1 |
Id | Content |
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F1 | On April 1, 2025, the reporting person was granted 20,929 restricted stock units (RSUs) in connection with his participation in the issuer's employee salary conversion plan, which was adopted by the Compensation Committee of the Board of Directors on March 31, 2025. Under the terms of the plan, the reporting person is being granted RSUs in lieu of a percentage of the reporting person's cash salary for the pay period between March 31, 2025, and December 21, 2025. Each RSU represents the contingent right to receive one share of the issuer's common stock, subject to stockholder approval of an amendment to the issuer's 2016 Equity Incentive Plan to authorize sufficient additional shares for issuance. The RSUs will vest in two equal installments on August 5, 2025, and December 5, 2025. The salary to RSU conversion price is based on the closing price of the issuer's common stock as of the market close on March 31, 2025. |