SEC Form 4 · accession 0001437749-17-011497
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 15, 2017
Accepted (ET)
Jun 19, 2017 · 5:48 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 15, 2017 | M | 10,979 | $0.73 | A | 72,679 | D | |
| Common Stock | Jun 15, 2017 | M | 4,638 | $0.51 | A | 77,317 | D | |
| Common Stock | Jun 15, 2017 | M | 16,545 | $1.55 | A | 93,862 | D | |
| Common Stock | Jun 15, 2017 | M | 8,894 | $0.96 | A | 102,756 | D | |
| CommonStockF3 | Jun 15, 2017 | S | 41,056 | $24.7908 | D | 61,700 | D | |
| Common Stock | Jun 16, 2017 | M | 2,383 | $0.73 | A | 64,083 | D | |
| Common Stock | Jun 16, 2017 | M | 7,660 | $1.55 | A | 71,743 | D | |
| Common Stock | Jun 16, 2017 | M | 11,462 | $0.96 | A | 83,205 | D | |
| Common StockF4 | Jun 16, 2017 | S | 11,823 | $25.1227 | D | 71,382 | D | |
| Common StockF5 | Jun 16, 2017 | S | 9,682 | $26.1765 | 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)F6 | $0.73 | Jun 15, 2017 | M | 10,979 | D | — | Mar 8, 2020 | Common Stock | 10,979 | 2,383 | D |
| Employee Stock Option (right to buy)F6 | $0.51 | Jun 15, 2017 | M | 4,638 | D | — | Jun 4, 2019 | Common Stock | 4,638 | 0 | D |
| Employee Stock Option (right to buy)F6 | $1.55 | Jun 15, 2017 | M | 16,545 | D | — | Apr 20, 2021 | Common Stock | 16,545 | 7,660 | D |
| Employee Stock Option (right to buy)F6 | $0.96 | Jun 15, 2017 | M | 8,894 | D | — | Oct 13, 2023 | Common Stock | 8,894 | 15,887 | D |
| Employee Stock Option (right to buy)F6 | $0.73 | Jun 16, 2017 | M | 2,383 | D | — | Mar 8, 2020 | Common Stock | 2,383 | 0 | D |
| Employee Stock Option (right to buy)F6 | $1.55 | Jun 16, 2017 | M | 7,660 | D | — | Apr 20, 2021 | Common Stock | 7,660 | 0 | D |
| Employee Stock Option (right to buy)F6 | $0.96 | Jun 16, 2017 | M | 11,462 | D | — | Oct 13, 2023 | Common Stock | 11,462 | 4,425 | D |
Explanation of responses
- F1Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2017.
- F2Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2017.
- F3Reflects the weighted average price of 41,056 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 15, 2017 with sale prices ranging from $24.33 to $25.19 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 11,823 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 16, 2017 with sale prices ranging from $24.82 to $25.80 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.
- F5Reflects the weighted average price of 9,682 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 16, 2017 with sale prices ranging from $25.83 to $26.50 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.
- F6Fully vested.