Preiss Frederick 4
4 · AtriCure, Inc. · Filed Feb 10, 2011
Insider Transaction Report
Form 4
AtriCure, Inc.ATRC
Preiss Frederick
Vice President Operations
Transactions
- Award
Stock Option (Right to Buy)
2011-02-09+11,000→ 11,000 totalExercise: $11.20From: 2012-02-09Exp: 2021-02-09→ Common Stock (11,000 underlying) - Award
Common Stock
2011-02-09+7,500→ 36,982 total - Award
Common Stock
2011-02-09+13,000→ 49,982 total - Tax Payment
Common Stock
2011-02-09$11.20/sh−4,006$44,867→ 45,976 total
Footnotes (5)
- [F1]Mr. Preiss acquired these shares pursuant to a Restricted Stock Award under the AtriCure, Inc. 2005 Equity Incentive Plan. The shares will vest 25% annually over four years from date of award.
- [F2]Mr. Preiss acquired these shares pursuant to the vesting and release of a Performance Share Award under the AtriCure, Inc. 2005 Equity Incentive Plan. The award had both a Company performance goal and a service period requirement, which were both met. Vesting was approved by the Compensation Committee of the Board of Directors on February 9, 2011.
- [F3]Mr. Preiss has elected to transfer 4,006 shares to the Company to satisfy the tax withholding obligation incurred upon the vesting and release of shares acquired pursuant to a Performance Share Award.
- [F4]The option vests and is exercisable as to 25% of the shares one year from the date of grant and the remaining 75% thereafter vests and is exercisable in equal monthly installments on the same day of the month over the following three years.
- [F5]Not applicable