ATEC to Participate in Upcoming Investor Conferences
- Alphatec Holdings, Inc. (ATEC) will participate in investor events including The Wells Fargo Bus Tour, Jefferies Healthcare Conference, and Goldman Sachs Global Healthcare Conference in June 2023.
- The company has approved aggregate grants of 123,446 restricted stock units (RSUs) to eighteen new employees under the 2016 Employment Inducement Award Plan.
- 8,881 RSUs will vest in equal annual installments on each of the first four anniversaries of the grant date, 57,444 RSUs will vest in equal annual installments on each of the first three anniversaries of the grant date, and 57,444 RSUs will vest fully on the third anniversary of the grant date.
- RSUs will also vest fully upon a change of control of ATEC.
- None.
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The Wells Fargo Bus Tour in
San Diego, CA , on June 1, 2023, with a fireside chat at 11:40am PT -
The Jefferies Healthcare Conference in
New York, NY , on June 7, 2023, with a fireside chat at 11:00am ET -
The Goldman Sachs Global Healthcare Conference in
Dana Point, CA , on June 14, 2023, with a fireside chat at 2:00pm PT
If available, webcasts of the conference presentations and archived recordings will be accessible from the Investor Relations Section of the Company’s website.
Inducement Awards Granted
As an inducement material to accepting employment with the Company, and in accordance with Nasdaq Listing Rule 5635(c)(4), ATEC today announced that the independent Compensation Committee of the Board of Directors has approved aggregate grants to eighteen new employees (who are not executive officers) of, collectively, 123,446 restricted stock units (“RSUs”) under the Company’s 2016 Employment Inducement Award Plan. Of those RSUs, 8,881 will vest in equal annual installments on each of the first four anniversaries of the grant date, 57,444 will vest in equal annual installments on each of the first three anniversaries of the grant date, and 57,444 will "cliff" vest in full on the third anniversary of the grant date provided, in each instance, that the recipient remains continuously employed by ATEC as of such vesting date. In addition, the RSUs will vest fully upon a change of control of ATEC.
About ATEC
ATEC, through its wholly owned subsidiaries, Alphatec Spine, Inc., EOS imaging S.A. and SafeOp Surgical, Inc., is a medical device company dedicated to revolutionizing the approach to spine surgery through clinical distinction. ATEC’s Organic Innovation MachineTM is focused on developing new approaches that integrate seamlessly with the Company’s expanding AlphaInformatiX Platform to better inform surgery and more safely and reproducibly achieve the goals of spine surgery. ATEC’s vision is to be the Standard Bearer in Spine. For more information, visit us at www.atecspine.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230523005175/en/
Investor/Media Contact:
Tina Jacobsen, CFA
Investor Relations
(760) 494-6790
investorrelations@atecspine.com
Company Contact:
J. Todd Koning
Chief Financial Officer
Alphatec Holdings, Inc.
investorrelations@atecspine.com
Source: Alphatec Holdings, Inc.
FAQ
What investor events will Alphatec Holdings, Inc. participate in?
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How will the RSUs vest?
When will the RSUs vest fully?
