SEC Form 4 · accession 0001437749-18-016054
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
Aug 21, 2018
Accepted (ET)
Aug 23, 2018 · 4:16 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 | Aug 21, 2018 | M | 5,558 | $0.73 | A | 299,687 | D | |
| Common StockF3 | Aug 21, 2018 | S | 3,221 | $61.9928 | D | 296,466 | D | |
| Common StockF4 | Aug 21, 2018 | S | 2,337 | $63.0167 | 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)F5 | $0.73 | Aug 21, 2018 | M | 5,558 | D | — | Mar 8, 2020 | Common Stock | 5,558 | 0 | 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.
- 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 3,221 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on August 21, 2018 with sale prices ranging from $61.55 to $62.54 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.
- F4Reflects the weighted average price of 2,337 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on August 21, 2018 with sale prices ranging from $62.55 to $63.50 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.