TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2016

Jul 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2016-07-27

Reporting Person: SHROFF ZUBEEN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-27	Common Stock	A	5000	—	Acquired	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-27	Stock Option (Right to Buy)	$10	A	14370	Acquired	2023-07-27	Common Stock (14370)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	62055	Indirect

Footnotes

F1: On July 27, 2016, the reporting person was granted 5,000 restricted stock units, vesting in full on the earlier of (a) July 27, 2017 or (b) immediately prior to the next annual meeting of stockholders following July 27, 2016, subject to the reporting person's continued service as a director as of such date. The restricted stock units may only be settled in shares of common stock on a one-for-one basis.

F2: The shares are held of record by Galen Management, LLC ("Galen Management").

F3: The option will vest in full on the earlier of (a) July 27, 2017 or (b) immediately prior to the next annual meeting of stockholders following July 27, 2016, subject to the reporting person's continued service as a director as of such date.