SEC Form 4 · accession 0001437749-19-003977
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
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 5:28 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 StockF1 | Feb 28, 2019 | F | 1,175 | $76.01 | D | 288,432 | D | |
| Common StockF3 | Mar 1, 2019 | S | 3,400 | $69.5423 | D | 285,032 | D | |
| Common StockF4 | Mar 1, 2019 | S | 9,819 | $70.3332 | D | 275,213 | D | |
| Common StockF5 | Mar 1, 2019 | S | 2,875 | $71.7101 | D | 272,338 | D | |
| Common StockF6 | Mar 1, 2019 | S | 4,840 | $72.5253 | D | 267,498 | D | |
| Common StockF7 | Mar 1, 2019 | S | 5,068 | $73.3263 | D | 262,430 | D | |
| Common StockF8 | Mar 1, 2019 | S | 1,300 | $74.5838 | D | 261,130 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists entirely of shares of stock withheld by the issuer to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- F2Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2018.
- F3Reflects the weighted average price of 3,400 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $69.00 to $69.945 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 9,819 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $70.00 to $70.99 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 2,875 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $71.00 to $71.99 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.
- F6Reflects the weighted average price of 4,840 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $72.00 to $72.97 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.
- F7Reflects the weighted average price of 5,068 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $73.00 to $73.845 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.
- F8Reflects the weighted average price of 1,300 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $74.26 to $75.00 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.