SEC Form 4 · accession 0001209191-17-037171
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
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
Jun 1, 2017
Accepted (ET)
Jun 2, 2017 · 4:09 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 | Jun 1, 2017 | S | 200,000 | $25.00 | D | 4,280,688 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold as follows: 181,886 shares by Galen Partners V, L.P. ("Galen V"), 15,532 shares by Galen Partners International V, L.P. ("Galen International V") and 2,582 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 3,892,980 shares held of record by Galen V, 332,432 shares held of record by Galen International V and 55,276 shares held of record by Galen Management.