SEC Form 4 · accession 0001437749-18-021207
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
Nov 19, 2018
Accepted (ET)
Nov 21, 2018 · 4:32 pm EST
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 | Nov 19, 2018 | M | 18,269 | $1.55 | A | 312,398 | D | |
| Common StockF3 | Nov 19, 2018 | S | 14,469 | $55.5303 | D | 297,929 | D | |
| Common StockF4 | Nov 19, 2018 | S | 3,000 | $56.273 | D | 294,929 | D | |
| Common StockF5 | Nov 19, 2018 | S | 800 | $57.9794 | 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 | $1.55 | Nov 19, 2018 | M | 18,269 | D | — | Apr 20, 2021 | Common Stock | 18,269 | 0 | D |
Explanation of responses
- F1Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2018.
- F2Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2018.
- F3Reflects the weighted average price of 14,469 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 19, 2018 with sale prices ranging from $55.00 to $55.94 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.
- F4Reflects the weighted average price of 3,000 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 19, 2018 with sale prices ranging from $56.02 to $56.80 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 800 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 19, 2018 with sale prices ranging from $57.41 to $58.36 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.