SEC Form 4 · accession 0001209191-17-039838
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 13, 2017
Accepted (ET)
Jun 14, 2017 · 4:31 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,F4 | Jun 13, 2017 | S | 295,455 | $25.00 | D | 3,985,233 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold as follows: 268,695 shares by Galen Partners V, L.P. ("Galen V"), 22,945 shares by Galen Partners International V, L.P. ("Galen International V") and 3,815 shares by Galen Management, LLC ("Galen Management").
- F2The shares were sold at prices ranging from $25.00 to $25.48. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Galen 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.
- F4Includes 3,624,285 shares held of record by Galen V, 309,487 shares held of record by Galen International V and 51,461 shares held of record by Galen Management.