SEC Form 4 · accession 0001437749-18-006255
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter H Soderberg
Director
Period of report
Mar 30, 2018
Accepted (ET)
Apr 3, 2018 · 4:51 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 StockF1 | Mar 30, 2018 | A | 275 | $31.80 | A | 7,581 | D | |
| Common StockF2 | holding | — | — | — | 236,450 | I | By Worthy Venture Resources, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 30, 2018, the reporting person was granted 275 restricted stock units ("RSUs") in lieu of cash compensation of $8,750.00 pursuant to Tactile Systems Technology, Inc.'s Non-Employee Director Compensation Policy. The RSUs are 100% immediately vested and may only be settled in shares of common stock on a one-for-one basis.
- F2Represents securities held by Worthy Venture Resources, LLC. The reporting person is the manager of Worthy Venture Resources, LLC.