SEC Form 4 · accession 0001437749-17-010104

TACTILE SYSTEMS TECHNOLOGY INC · TCMD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Vice President, Reimbursement

Period of report

May 23, 2017

Accepted (ET)

May 25, 2017 · 4:32 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
Common Stock	May 23, 2017	M	4,486	$0.51	A	64,041	D
Common Stock^F1	May 23, 2017	S	4,486	$23.7814	D	59,555	D
Common Stock	May 24, 2017	M	9,100	$0.51	A	68,655	D
Common Stock^F2	May 24, 2017	S	9,100	$23.6893	D	59,555	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F3	$0.51	May 23, 2017	M	4,486	D	—	Feb 25, 2018	Common Stock	4,486	30,974	D
Employee Stock Option (right to buy)^F3	$0.51	May 24, 2017	M	9,100	D	—	Feb 25, 2018	Common Stock	9,100	21,874	D

F1Reflects the weighted average price of 4,486 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on May 23, 2017 with sale prices ranging from $23.72 to $23.84 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.
F2Reflects the weighted average price of 9,100 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on May 24, 2017 with sale prices ranging from $23.50 to $23.91 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.
F3Fully vested.