SEC Form 4/A · accession 0001437749-16-037851
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Lynn Larson Blake
Officer — Chief Financial Officer
Period of report
Jul 27, 2016
Accepted (ET)
Aug 19, 2016 · 4:35 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 | 63,002 | $0.00 | A | 63,002 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $10.00 | Jul 27, 2016 | A | 63,002 | A | — | Jul 27, 2026 | Common Stock | 63,002 | 63,002 | D |
Explanation of responses
- F1On July 27, 2016, the reporting person was granted 63,002 restricted stock units ("RSU"), vesting as follows: 33% of the RSUs vest on April 27, 2017 and the remaining RSUs vest in a series of 8 successive quarterly installments upon completion of each additional quarter of service.
- F2The option vests as follows: 25% of the shares vest on April 27, 2017 and the remaining shares vest in a series of 36 successive monthly installments upon completion of each additional month of service.