SEC Form 4 · accession 0001144204-18-015721
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jordan Davis
Other
Period of report
Mar 7, 2018
Accepted (ET)
Mar 19, 2018 · 9:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001027838
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 78,493 | I | By Radius Venture Partners III (Ohio), LP | |
| Common StockF2 | holding | — | — | — | 624,989 | I | By Radius Venture Partners III QP, LP | |
| Common StockF3 | holding | — | — | — | 57,316 | I | By Radius Venture Partners III LP | |
| Common StockF4 | holding | — | — | — | 2,700 | D |
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)F5 | $10.00 | holding | — | — | — | May 9, 2017 | — | Common Stock | 14,370 | 14,370 | D |
Explanation of responses
- F1These securities are held directly by Radius Venture Partners III (Ohio), L.P. and indirectly by Radius Venture Partners III, LLC, the manager of Radius Venture Partners (Ohio), LLC, the general partner of Radius Venture Partners III (Ohio), L.P., Jordan S. Davis, a director of Issuer, and managing member of Radius Venture Partners III, LLC and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.
- F2These securities are held directly by Radius Venture Partners III QP, L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III QP, L.P., Jordan S. Davis, a director of Issuer and managing member of Radius Venture Partners III, LLC, and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.
- F3These securities are held directly by Radius Venture Partners III, L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III, L.P., Jordan S. Davis, a director of Issuer, and managing member of Radius Venture Partners III, LLC and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.
- F4Pursuant to the terms of the award pertaining to restricted stock units issued to the reporting person on July 27, 2017, 2,306 restricted stock units were forfeited in connection with the reporting person's resignation as a director.
- F5As a result of the reporting person's resignation as a director of the issuer on March 7, 2018, all unexercised options will expire 90 days after such date.
Remarks
The reporting person resigned from his position as a director of the issuer effective March 7, 2018. As a result, this Form 4 serves as his exit filing.