SEC Form 4 · accession 0001437749-17-008039
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn Larson Blake
Officer — Chief Financial Officer
Period of report
Apr 27, 2017
Accepted (ET)
May 4, 2017 · 5:36 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 | Apr 27, 2017 | F | 7,056 | $19.09 | D | 55,946 | D | |
| Common StockF3 | May 2, 2017 | S | 2,727 | $19.249 | D | 53,219 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists entirely of shares of stock withheld by the issuer to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
- F2Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2017.
- F3Reflects the weighted average price of 2,727 shares of common stock of Tactile Systems Technology Inc. sold by the reporting person in multiple transactions on May 2, 2017 with sale prices ranging from $18.99 to $19.50 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.