SEC Form 4 · accession 0001437749-18-012634
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald R. Mattys
Officer — Chief Executive Officer · Director
Period of report
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 4:31 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 StockF2 | Jun 26, 2018 | M | 4,460 | $0.51 | A | 298,589 | D | |
| Common Stock | Jun 26, 2018 | M | 15,540 | $0.73 | A | 314,129 | D | |
| Common StockF4 | Jun 26, 2018 | S | 14,210 | $54.2657 | D | 299,919 | D | |
| Common StockF5 | Jun 26, 2018 | S | 5,790 | $54.6746 | D | 294,129 | 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 | $0.51 | Jun 26, 2018 | M | 4,460 | D | — | Jun 4, 2019 | Common Stock | 4,460 | 0 | D |
| Employee Stock Option (right to buy)F6 | $0.73 | Jun 26, 2018 | M | 15,540 | D | — | Mar 8, 2020 | Common Stock | 15,540 | 30,558 | D |
Explanation of responses
- F1Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2018.
- F2Includes 953 shares acquired on May 15, 2018 pursuant to the issuer's employee stock purchase plan.
- F3Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2018.
- F4Reflects the weighted average price of 14,210 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 26, 2018 with sale prices ranging from $53.54 to $54.54 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 5,790 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 26, 2018 with sale prices ranging from $54.545 to $54.94 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.