SEC Form 4 · accession 0001437749-18-013502

TACTILE SYSTEMS TECHNOLOGY INC · TCMD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Jul 17, 2018

Accepted (ET)

Jul 19, 2018 · 4:04 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
Common Stock	Jul 17, 2018	M	25,000	$0.73	A	319,129	D
Common Stock^F3	Jul 17, 2018	S	24,069	$54.4807	D	295,060	D
Common Stock^F4	Jul 17, 2018	S	931	$55.0068	D	294,129	D

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	$0.73	Jul 17, 2018	M	25,000	D	—	Mar 8, 2020	Common Stock	25,000	5,558	D

F1Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2018.
F2Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2018.
F3Reflects the weighted average price of 24,069 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on July 17, 2018 with sale prices ranging from $53.95 to $54.95 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.
F4Reflects the weighted average price of 931 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on July 17, 2018 with sale prices ranging from $54.96 to $55.08 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.
F5Fully vested.