UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Performance Stock-Based Award | Â (3) | 09/14/2019 | Common Stock | 175,000 (4) | $ (3) | D | Â |
Stock Options | 02/21/2018(5) | 02/21/2027 | Common Stock | 125,000 | $ 3.09 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Hunsaker Craig E C/O ALPHATEC SPINE, INC. 5818 EL CAMINO REAL SAN DIEGO, CA 92130 |
 |  |  See Remarks |  |
/s/ Craig Hunsaker | 03/27/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock. |
(2) | The RSUs vest over three years in three equal installments on each of the first three anniversaries of the vesting commencement date. |
(3) | Each performance stock-based award represents the right to receive one share of the issuer's common stock. The performance stock-based award will be payable based on a percentage of the target value of such award based on the market capitalization of the issuer as of September 14, 2019, or, if earlier, on the date of a change in control of the issuer. |
(4) | This represents the maximum number of shares of common stock that will become issuable pursuant to this award. |
(5) | The options vest over four years with 25% vesting on the anniversary of the grant date and the remaining 75% vesting in 36 installments every month for the three years thereafter. |
 Remarks: Executive VP, People & Culture and General Counsel |