SEC Form 4 · accession 0001437749-17-011360
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maggie Thompson
Officer — VP Payer Rltns & Govt Affr
Period of report
Jun 13, 2017
Accepted (ET)
Jun 15, 2017 · 5:35 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 13, 2017 | M | 8,236 | $0.73 | A | 69,936 | D | |
| Common Stock | Jun 13, 2017 | M | 4,100 | $0.51 | A | 74,036 | D | |
| Common Stock | Jun 13, 2017 | M | 8,164 | $1.55 | A | 82,200 | D | |
| Common Stock | Jun 13, 2017 | M | 7,779 | $0.96 | A | 89,979 | D | |
| Common StockF2 | Jun 13, 2017 | S | 18,277 | $25.1532 | D | 71,702 | D | |
| Common StockF3 | Jun 13, 2017 | S | 10,002 | $26.1161 | D | 61,700 | D | |
| Common Stock | Jun 14, 2017 | M | 3,224 | $0.73 | A | 64,924 | D | |
| Common Stock | Jun 14, 2017 | M | 1,900 | $0.51 | A | 66,824 | D | |
| Common Stock | Jun 14, 2017 | M | 3,800 | $1.55 | A | 70,624 | D | |
| Common Stock | Jun 14, 2017 | M | 2,900 | $0.96 | A | 73,524 | D | |
| Common StockF4 | Jun 14, 2017 | S | 11,824 | $24.7257 | D | 61,700 | 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)F5 | $0.73 | Jun 13, 2017 | M | 8,236 | D | — | Mar 8, 2020 | Common Stock | 8,236 | 16,586 | D |
| Employee Stock Option (right to buy)F5 | $0.51 | Jun 13, 2017 | M | 4,100 | D | — | Jun 4, 2019 | Common Stock | 4,100 | 10,084 | D |
| Employee Stock Option (right to buy)F5 | $1.55 | Jun 13, 2017 | M | 8,164 | D | — | Apr 20, 2021 | Common Stock | 8,164 | 28,005 | D |
| Employee Stock Option (right to buy)F5 | $0.96 | Jun 13, 2017 | M | 7,779 | D | — | Oct 13, 2023 | Common Stock | 7,779 | 27,681 | D |
| Employee Stock Option (right to buy)F5 | $0.73 | Jun 14, 2017 | M | 3,224 | D | — | Mar 8, 2020 | Common Stock | 3,224 | 13,362 | D |
| Employee Stock Option (right to buy)F5 | $0.51 | Jun 14, 2017 | M | 1,900 | D | — | Jun 4, 2019 | Common Stock | 1,900 | 4,638 | D |
| Employee Stock Option (right to buy)F5 | $1.55 | Jun 14, 2017 | M | 3,800 | D | — | Apr 20, 2021 | Common Stock | 3,800 | 24,205 | D |
| Employee Stock Option (right to buy)F5 | $0.96 | Jun 14, 2017 | M | 2,900 | D | — | Oct 13, 2023 | Common Stock | 2,900 | 24,781 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2017.
- F2Reflects the weighted average price of 18,277 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 13, 2017 with sale prices ranging from $24.71 to $25.67 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.
- F3Reflects the weighted average price of 10,002 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 13, 2017 with sale prices ranging from $25.84 to $26.58 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.
- F4Reflects the weighted average price of 11,824 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 14, 2017 with sale prices ranging from $24.25 to $25.03 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.
- F5Fully vested.