SEC Form 4 · accession 0001437749-19-003981
TACTILE SYSTEMS TECHNOLOGY INC · TCMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J. Folkes
Officer — Chief Operating Officer
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 5:29 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 | 268 | $76.01 | D | 107,502 | D | |
| Employee Stock Option (right to buy) | Mar 1, 2019 | M | 3,044 | $1.55 | A | 110,546 | D | |
| Common Stock | Mar 1, 2019 | S | 3,044 | $69.00 | D | 107,502 | 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)F4 | $1.55 | Mar 1, 2019 | M | 3,044 | D | — | Apr 20, 2021 | Common Stock | 3,044 | 0 | D |
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.
- F2Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2018.
- F3Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2018.
- F4Fully vested.