Michael H. Carrel - Mar 1, 2023 Form 4 Insider Report for AtriCure, Inc. (ATRC)

Signature
/s/ Michael H. Carrel
Stock symbol
ATRC
Transactions as of
Mar 1, 2023
Transactions value $
-$1,764,691
Form type
4
Date filed
3/3/2023, 04:16 PM
Previous filing
Nov 21, 2022
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATRC Common Stock Award $0 +69.2K +13.09% $0.00 598K Mar 1, 2023 Direct F1
transaction ATRC Common Stock Award $0 +46K +7.69% $0.00 644K Mar 1, 2023 Direct F2
transaction ATRC Common Stock Tax liability -$1.76M -45.5K -7.06% $38.81 599K Mar 1, 2023 Direct F3
transaction ATRC Common Stock Gift $0 -800 -0.13% $0.00 598K Mar 1, 2023 Direct F4
transaction ATRC Common Stock Gift $0 -800 -0.13% $0.00 597K Mar 1, 2023 Direct F4
holding ATRC Common Stock 3.31K Mar 1, 2023 Held by reporting person's children F5
* 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.
F4 No consideration was received in connection with this gift to the reporting person's children.
F5 The reporting person disclaims beneficial ownership of these securities, except as to his pecuniary interest therein.