SEC Form 4 · accession 0001209191-17-032368
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owners
Galen Partners V LP
10% Owner
Galen Partners International V LP
10% Owner
Galen Management, LLC
10% Owner
Galen Partners V, L.L.C.
10% Owner
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 5:00 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,F2,F3 | May 11, 2017 | S | 325,000 | $21.25 | A | 4,480,688 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold as follows: 295,564 shares by Galen Partners V, L.P. ("Galen V"), 25,236 shares by Galen Partners International V, L.P. ("Galen International V") and 4,197 shares by Galen Management, LLC ("Galen Management").
- F2Galen Partners V, L.L.C. serves as the sole general partner of Galen V and Galen International V and has sole voting and investment control over the shares held by such funds and may be deemed to beneficially own the shares held by such funds. Each of the Reporting Person disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.
- F3Includes 4,074,866 shares held of record by Galen V, 347,964 shares held of record by Galen International V and 57,858 shares held of record by Galen Management.