Scott William Drake - May 7, 2021 Form 4 Insider Report for AtriCure, Inc. (ATRC)

Role
Director
Signature
/s/ Scott W. Drake
Stock symbol
ATRC
Transactions as of
May 7, 2021
Transactions value $
-$2,975,915
Form type
4
Date filed
5/11/2021, 08:46 AM
Next filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRC Common Stock Options Exercise $347K +38.6K +94.16% $8.98 79.7K May 7, 2021 Direct
transaction ATRC Common Stock Sale -$3.01M -38.6K -48.5% $77.90 41K May 7, 2021 Direct F1
transaction ATRC Common Stock Options Exercise $41.6K +4.63K +11.29% $8.98 45.7K May 10, 2021 Direct
transaction ATRC Common Stock Sale -$354K -4.63K -10.14% $76.52 41K May 10, 2021 Direct F2

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 ATRC Stock Option (Right to Buy) Options Exercise $0 -38.6K -77.28% $0.00 11.4K May 7, 2021 Common Stock 38.6K $8.98 Direct F3
transaction ATRC Stock Option (Right to Buy) Options Exercise $0 -4.63K -40.77% $0.00 6.73K May 10, 2021 Common Stock 4.63K $8.98 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $77.52 to $79.13 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $76.00 to $76.84 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 These options were granted on September 3, 2013. The options vest and are exercisable as to 25% of the shares one year from the date of grant and the remaining 75% thereafter vests and are exercisable in equal monthly installments on the same day of the month over the following three years.