4//SEC Filing
Segal Paul 4
Accession 0001567619-21-012222
CIK 0001350653other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 5:39 PM ET
Size
11.2 KB
Accession
0001567619-21-012222
Insider Transaction Report
Form 4
L-5 Healthcare Partners, LLC
10% OwnerOther
Transactions
- Exercise/Conversion
Common Stock
2021-06-16$3.50/sh+400,000$1,400,000→ 8,336,508 total - Tax Payment
Common Stock
2021-06-16$14.93/sh−93,747$1,399,643→ 8,242,761 total - Exercise/Conversion
Warrants to Purchase Common Stock
2021-06-16+400,000→ 6,346,032 totalExercise: $3.50From: 2018-05-17Exp: 2023-05-17→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]Each of Jason Hochberg 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 306,253 shares of Common Stock on cashless exercise of warrants to purchase 400,000 shares of Common Stock. The Company withheld 93,747 shares of Common Stock underlying the warrants for payment of the exercise price, using the VWAP on June 15, 2021 of $14.93, pursuant to the terms of the warrant.
Documents
Issuer
Alphatec Holdings, Inc.
CIK 0001350653
Entity typeother
Related Parties
1- filerCIK 0001427470
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 5:39 PM ET
- Size
- 11.2 KB