Michael H. Carrel - 01 Mar 2022 Form 4 Insider Report for AtriCure, Inc. (ATRC)

Role
President, CEO, & Director, Director
Signature
/s/ Michael H. Carrel
Issuer symbol
ATRC
Transactions as of
01 Mar 2022
Net transactions value
-$3,003,992
Form type
4
Filing time
03 Mar 2022, 15:31:30 UTC
Previous filing
28 Feb 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRC Common Stock Award $0 +67,109 +14% $0.000000 555,081 01 Mar 2022 Direct F1
transaction ATRC Common Stock Award $0 +22,632 +4.1% $0.000000 577,713 01 Mar 2022 Direct F2
transaction ATRC Common Stock Tax liability $3,003,992 -43,167 -7.5% $69.59 534,546 01 Mar 2022 Direct F3
holding ATRC Common Stock 1,710 01 Mar 2022 Held by reporting person's children
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person acquired these shares pursuant to the vesting and release of a Performance Share Award under the AtriCure, Inc. 2014 Stock Incentive Plan. The award had both a Company performance goal and a service period requirement, which were both met.
F2 The Reporting Person acquired these shares pursuant to a Restricted Stock Award under the AtriCure, Inc. 2014 Stock Incentive Plan. One third of the shares will vest annually upon the respective one, two, and three year anniversaries of the date of grant.
F3 The Reporting Person has elected to transfer these shares to the Company to satisfy the tax withholding obligation incurred upon the vesting and release of shares previously acquired pursuant to a Restricted Stock Award or Performance Share Award.