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TACTILE SYSTEMS TECHNOLOGY INC Director's Dealing 2017

Dec 15, 2017

33313_dirs_2017-12-15_2acd193f-760e-4d82-a2a4-7d21077ff3f0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2017-12-13

Reporting Person: Davis Jordan (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-12-13 Common Stock S 3095 $29.5224 Disposed 100160 Indirect
2017-12-13 Common Stock S 24645 $29.5224 Disposed 797502 Indirect
2017-12-13 Common Stock S 2260 $29.5224 Disposed 73136 Indirect
2017-12-14 Common Stock S 1032 $29.5321 Disposed 99128 Indirect
2017-12-14 Common Stock S 8215 $29.5321 Disposed 789287 Indirect
2017-12-14 Common Stock S 753 $29.5321 Disposed 72383 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5006 Direct

Footnotes

F1: Reflects the weighted average price of 30,000 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on December 13, 2017 with sale prices ranging from $29.36 to $29.675 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.

F2: These securities are held directly by Radius Venture Partners III (Ohio), L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III (Ohio), L.P., Jordan S. Davis, a director of Issuer, and managing member of Radius Venture Partners III, LLC and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.

F3: These securities are held directly by Radius Venture Partners III QP, L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III QP, L.P., Jordan S. Davis, a director of Issuer and managing member of Radius Venture Partners III, LLC, and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.

F4: These securities are held directly by Radius Venture Partners III, L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III, L.P., Jordan S. Davis, a director of Issuer, and managing member of Radius Venture Partners III, LLC and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.

F5: Reflects the weighted average price of 10,000 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on December 14, 2017 with sale prices ranging from $29.50 to $29.62 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.