SEC Form 4 · accession 0001437749-16-035995
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin H Roche
Director
Period of report
Jul 27, 2016
Accepted (ET)
Jul 29, 2016 · 4:42 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 | Jul 27, 2016 | A | 5,000 | $0.00 | A | 194,578 | 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)F2 | $10.00 | Jul 27, 2016 | A | 14,370 | A | — | Jul 27, 2023 | Common Stock | 14,370 | 14,370 | D |
Explanation of responses
- F1On July 27, 2016, the reporting person was granted 5,000 restricted stock units, vesting in full on the earlier of (a) July 27, 2017 or (b) immediately prior to the next annual meeting of stockholders following July 27, 2016, subject to the reporting person's continued service as a director as of such date. The restricted stock units may only be settled in shares of common stock on a one-for-one basis.
- F2The option will vest in full on the earlier of (a) July 27, 2017 or (b) immediately prior to the next annual meeting of stockholders following July 27, 2016, subject to the reporting person's continued service as a director as of such date.