TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2016

Jul 27, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: NIGON RICHARD (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3323	Direct
Common Stock	66469	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series B Preferred Stock	$		Common Stock (5719)		Indirect
Stock Option (Right to Buy)	$0.6800	2022-12-04	Common Stock (6101)		Direct

Footnotes

F1: Represents securities held by Richard Nigon, Trustee of the Mary Nigon Revocable Trust under Agreement dated August 19, 2015.

F2: Each share of Series B Preferred Stock is convertible at any time at the option of the holder, and will convert 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 is 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 accrue a dividend that is payable-in-kind in shares of the Issuer's common stock.

F3: The securities do not have an expiration date. The securities convert 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.

F4: Represents securities held by Stifel Nicolaus Custodian FBO Richard J. Nigon SEP IRA Acct.

F5: This option vests as follows: 553 shares vested on December 5, 2012, and the remaining shares vest as to 553 shares each month commencing on January 1, 2013 and continuing until this option is fully vested.