Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
STRICKLAND JEFFERY
2. Issuer Name and Ticker or Trading Symbol
ATRION CORP [ ATRI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CFO
(Last)
(First)
(Middle)
3. Date of Earliest Transaction (MM/DD/YY)
01/04/2021
(Street)
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) 01/04/2021 A 10.14 ( 1 ) ( 1 ) Common Stock 10.14 $ 0 984.48 D
Restricted Stock Units ( 2 ) 01/04/2021 A 4.3 ( 2 ) ( 2 ) Common Stock 4.3 $ 0 777.22 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
STRICKLAND JEFFERY

CFO
Signatures
Jeffery Strickland 01/05/2021
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Restricted Stock Units (RSUs) accrued as dividend equivalents on previously awarded RSUs and vest on May 22, 2022, August 24, 2022, and August 23, 2024 proportionately with the RSUs to which they relate. Each RSU is the economic equivalent of one share of Atrion Corporation common stock. On the vesting dates, these RSUs will each convert into one share of Atrion Corporation common stock to be delivered to the reporting person.
( 2 )These RSUs accrued as dividend equivalents on previously awarded RSUs and vest on July 1, 2021, 2022, 2023, 2024 and 2025 proportionately with the RSUs to which they relate. Each RSU is the economic equivalent of one share of Atrion Corporation common stock. On the vesting dates, these RSUs, together with RSUs with respect to which they relate, will each entitle the reporting person to receive a cash payment equal to the market price of one share of Atrion Corporation common stock on the vesting date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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