SEC Form 4 · accession 0001437749-17-000148
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Nigon
Director
Period of report
Dec 30, 2016
Accepted (ET)
Jan 4, 2017 · 4:06 pm EST
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 | Dec 30, 2016 | A | 533 | $16.41 | A | 15,288 | D | |
| Common StockF2 | holding | — | — | — | 5,175 | I | By IRA | |
| Common StockF3 | holding | — | — | — | 14,471 | I | By SEP IRA | |
| Common StockF4 | holding | — | — | — | 9,000 | I | By Rollover IRA | |
| Common StockF5 | holding | — | — | — | 66,470 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 30, 2016, the reporting person was granted 533 restricted stock units ("RSUs") in lieu of cash compensation of $8,750.00 pursuant to Tactile Systems Technology, Inc.'s Non-Employee Director Compensation Policy. The RSUs are 100% immediately vested and may only be settled in shares of common stock on a one-for-one basis.
- F2Represents securities held by Stifel Nicolaus Custodian FBO Richard J. Nigon IRA Acct.
- F3Represents securities held by Stifel Nicolaus Custodian FBO Richard J. Nigon SEP IRA Acct.
- F4Represents securities held by Stifel Nicolaus Custodian for Richard Nigon / Rollover IRA.
- F5Represents securities held by Richard Nigon, Trustee of the Mary Nigon Revocable Trust under Agreement dated August 19, 2015.