SEC Form 4 · accession 0001437749-17-012330
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J. Folkes
Officer — Chief Operating Officer
Period of report
Jul 3, 2017
Accepted (ET)
Jul 6, 2017 · 5:30 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 | Jul 3, 2017 | M | 2,955 | $0.51 | A | 134,292 | D | |
| Common StockF2 | Jul 3, 2017 | S | 2,955 | $28.1586 | D | 131,337 | 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 | Jul 3, 2017 | M | 2,955 | D | — | Jun 4, 2019 | Common Stock | 2,955 | 14,775 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 2, 2017.
- F2Reflects the weighted average price of 2,955 shares of common stock of Tactile Systems Technology Inc. sold by the reporting person in multiple transactions on July 3, 2017 with sale prices ranging from $27.86 to $28.44 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.