SEC Form 4 · accession 0001437749-17-010650
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
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 5:05 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 | Jun 1, 2017 | M | 14,106 | $0.51 | A | 73,661 | D | |
| Common Stock | Jun 1, 2017 | M | 13,253 | $0.51 | A | 86,914 | D | |
| Common StockF1 | Jun 1, 2017 | S | 27,359 | $25.8954 | D | 59,555 | D | |
| Common Stock | Jun 2, 2017 | M | 931 | $0.51 | A | 60,486 | D | |
| Common Stock | Jun 2, 2017 | M | 11,952 | $0.73 | A | 72,438 | D | |
| Common StockF2 | Jun 2, 2017 | S | 12,883 | $26.0731 | 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 | Jun 1, 2017 | M | 14,106 | D | — | Feb 25, 2018 | Common Stock | 14,106 | 0 | D |
| Employee Stock Option (right to buy)F3 | $0.51 | Jun 1, 2017 | M | 13,253 | D | — | Jun 4, 2019 | Common Stock | 13,253 | 931 | D |
| Employee Stock Option (right to buy)F3 | $0.51 | Jun 2, 2017 | M | 931 | D | — | Jun 4, 2019 | Common Stock | 931 | 0 | D |
| Employee Stock Option (right to buy)F3 | $0.73 | Jun 2, 2017 | M | 11,952 | D | — | Mar 8, 2020 | Common Stock | 11,952 | 5,778 | D |
Explanation of responses
- F1Reflects the weighted average price of 27,359 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 1, 2017 with sale prices ranging from $25.61 to $26.13 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 12,883 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 2, 2017 with sale prices ranging from $25.65 to $26.63 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.