SEC Form 4 · accession 0001209191-17-030990
AtriCure, Inc. · ATRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Hooven
Director
Period of report
May 5, 2017
Accepted (ET)
May 9, 2017 · 4:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001323885
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 5, 2017 | S | 10,000 | $22.08 | D | 57,049 | D | |
| Common StockF3 | May 5, 2017 | M | 10,000 | $9.50 | A | 67,049 | D | |
| Common StockF4 | holding | — | — | — | 234,211 | I | Michael D. Hooven 2004 Trust FBO Michael | |
| Common StockF5 | holding | — | — | — | 234,211 | I | Michael D. Hooven 2004 Trust FBO Susan | |
| Common StockF6 | holding | — | — | — | 18,421 | I | Susan Spies 2004 Children's Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3,F7 | $9.50 | May 5, 2017 | M | 10,000 | D | Jun 20, 2008 | Jun 20, 2017 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 trading plan.
- F2This transaction was executed in multiple trades at prices ranging from $22.00 to $22.32 per share. The price reported above reflects the weighted average 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.
- F3These shares were exercised pursuant to a 10b5-1 trading plan.
- F4Held by Michael D. Hooven 2004 Trust FBO Michael. Mr. Hooven disclaims beneficial ownership of these securities, except as to his pecuniary interest therein.
- F5Held by Michael D. Hooven 2004 Trust FBO Susan. Mr. Hooven disclaims beneficial ownership of these securities, except as to his pecuniary interest therein.
- F6Held by Susan Spies 2004 Children's Trust. These shares are held in trust for the benefit of the Reporting Person's son. Reporting Person is the trustee of that trust. Mr. Hooven disclaims beneficial ownership of these securities, except as to his pecuniary interest therein.
- F7These options were granted on June 20, 2007 and are exercisable cumulatively at a rate of 33% per annum beginning one year from date of grant.