SEC Form 4 · accession 0001437749-17-018289
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
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 5:19 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 | Nov 1, 2017 | M | 2,955 | $0.51 | A | 130,337 | D | |
| Common Stock | Nov 1, 2017 | S | 300 | $28.63 | D | 130,037 | D | |
| Common StockF3 | Nov 1, 2017 | S | 2,655 | $28.103 | D | 127,382 | D | |
| Common Stock | Nov 1, 2017 | S | 1,500 | $28.63 | D | 125,882 | 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 | $0.51 | Nov 1, 2017 | M | 2,955 | D | — | Jun 4, 2019 | Common Stock | 2,955 | 5,910 | D |
Explanation of responses
- F1Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 2, 2017.
- F2Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 2, 2017.
- F3Reflects the weighted average price of 2,655 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 1, 2017 with sale prices ranging from $27.61 to $28.49 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.
- F4Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2017.
- F5Fully vested.