SEC Form 4 · accession 0001437749-17-010301
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary E. Anderson
Officer — Vice President, Reimbursement
Period of report
May 25, 2017
Accepted (ET)
May 30, 2017 · 4:12 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 Stock | May 25, 2017 | M | 3,301 | $0.51 | A | 62,856 | D | |
| Common StockF1 | May 25, 2017 | S | 3,301 | $23.0389 | D | 59,555 | D | |
| Common Stock | May 26, 2017 | M | 4,467 | $0.51 | A | 64,022 | D | |
| Common StockF2 | May 26, 2017 | S | 4,467 | $23.1035 | D | 59,555 | 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)F3 | $0.51 | May 25, 2017 | M | 3,301 | D | — | Feb 25, 2018 | Common Stock | 3,301 | 18,573 | D |
| Employee Stock Option (right to buy)F3 | $0.51 | May 26, 2017 | M | 4,467 | D | — | Feb 25, 2018 | Common Stock | 4,467 | 14,106 | D |
Explanation of responses
- F1Reflects the weighted average price of 3,301 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on May 25, 2017 with sale prices ranging from $23.00 to $23.20 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 4,467 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on May 26, 2017 with sale prices ranging from $23.00 to $23.45 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.