SEC Form 4 · accession 0001437749-18-017779
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Nigon
Director
Period of report
Sep 28, 2018
Accepted (ET)
Oct 2, 2018 · 4:28 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 | Sep 28, 2018 | A | 140 | $71.05 | A | 40,924 | D | |
| Common StockF2 | holding | — | — | — | 5,175 | I | By IRA | |
| Common StockF3 | holding | — | — | — | 14,473 | I | By SEP IRA | |
| Common StockF4 | holding | — | — | — | 9,000 | I | By Rollover IRA | |
| Common StockF5 | holding | — | — | — | 66,471 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 28, 2018, the reporting person was granted 140 restricted stock units ("RSUs") in lieu of cash compensation of $10,000.00 pursuant to Tactile Systems Technology, Inc.'s Non-Employee Director Compensation Policy. The RSUs are 100% immediately vested and will be settled in Company's common stock upon the earlier of Mr. Nigon's separation from service from the Company's Board of Directors or a Change in Control as defined in the Plan.
- F2Represents securities held by Stifel Nicolaus Custodian FBO Richard J. Nigon IRA Acct.
- F3Represents securities held by Stifel Nicolaus Custodian FBO Richard J. Nigon SEP IRA Acct.
- F4Represents securities held by Stifel Nicolaus Custodian for Richard Nigon / Rollover IRA.
- F5Represents securities held by Richard Nigon, Trustee of the Mary Nigon Revocable Trust under Agreement dated August 19, 2015.