SEC Form 4 · accession 0001437749-18-000927
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
Jan 18, 2018
Accepted (ET)
Jan 22, 2018 · 3:39 pm EST
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 | Jan 18, 2018 | M | 2,483 | $0.73 | A | 122,260 | D | |
| Common StockF3 | Jan 18, 2018 | S | 2,483 | $29.2537 | D | 119,777 | 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)F4 | $0.73 | Jan 18, 2018 | M | 2,483 | D | — | Mar 8, 2020 | Common Stock | 2,483 | 22,339 | D |
Explanation of responses
- F1Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2017.
- F2Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2017.
- F3Reflects the weighted average price of 2,483 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on January 18, 2018 with sale prices ranging from $29.10 to $29.47 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.
- F4Fully vested.