TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2016

Aug 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2016-08-02

Reporting Person: SODERBERG PETER H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-02	Common Stock	C	136450	—	Acquired	136450	Indirect
2016-08-02	Common Stock	P	100000	$10	Acquired	236450	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-02	Series B Preferred Stock	$	C	78849	Disposed		Common Stock (78849)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Direct

Footnotes

F1: Each share of Series B Preferred Stock was convertible at any time at the option of the holder, and converted automatically into shares of the Issuer's Common Stock on a one-for one basis in connection with the closing of the Issuer's initial public offering. In addition, the holder was entitled to receive additional shares of common stock equal to the original purchase price per share ($3.8048) divided by the price to the public of the shares of common stock issued in the Issuer's initial public offering and these shares accrued a dividend that was payable-in-kind in shares of the Issuer's common stock.

F2: Represents securities held by Worthy Venture Resources, LLC. The reporting person is the manager of Worthy Venture Resources, LLC.

F3: The securities did not have an expiration date. The securities converted automatically into shares of the Issuer's Common Stock on a one-for-one basis in connection with the closing of the Issuer's initial public offering.