TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2017

Jun 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2017-06-13

Reporting Person: Thompson Maggie (VP Payer Rltns & Govt Affr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-13	Common Stock	M	8236	$0.73	Acquired	69936	Direct
2017-06-13	Common Stock	M	4100	$0.51	Acquired	74036	Direct
2017-06-13	Common Stock	M	8164	$1.55	Acquired	82200	Direct
2017-06-13	Common Stock	M	7779	$0.96	Acquired	89979	Direct
2017-06-13	Common Stock	S	18277	$25.1532	Disposed	71702	Direct
2017-06-13	Common Stock	S	10002	$26.1161	Disposed	61700	Direct
2017-06-14	Common Stock	M	3224	$0.73	Acquired	64924	Direct
2017-06-14	Common Stock	M	1900	$0.51	Acquired	66824	Direct
2017-06-14	Common Stock	M	3800	$1.55	Acquired	70624	Direct
2017-06-14	Common Stock	M	2900	$0.96	Acquired	73524	Direct
2017-06-14	Common Stock	S	11824	$24.7257	Disposed	61700	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-13	Employee Stock Option (right to buy)	$0.73	M	8236	Disposed	2020-03-08	Common Stock (8236)	Direct
2017-06-13	Employee Stock Option (right to buy)	$0.51	M	4100	Disposed	2019-06-04	Common Stock (4100)	Direct
2017-06-13	Employee Stock Option (right to buy)	$1.55	M	8164	Disposed	2021-04-20	Common Stock (8164)	Direct
2017-06-13	Employee Stock Option (right to buy)	$0.96	M	7779	Disposed	2023-10-13	Common Stock (7779)	Direct
2017-06-14	Employee Stock Option (right to buy)	$0.73	M	3224	Disposed	2020-03-08	Common Stock (3224)	Direct
2017-06-14	Employee Stock Option (right to buy)	$0.51	M	1900	Disposed	2019-06-04	Common Stock (1900)	Direct
2017-06-14	Employee Stock Option (right to buy)	$1.55	M	3800	Disposed	2021-04-20	Common Stock (3800)	Direct
2017-06-14	Employee Stock Option (right to buy)	$0.96	M	2900	Disposed	2023-10-13	Common Stock (2900)	Direct

Footnotes

F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2017.

F2: Reflects the weighted average price of 18,277 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 13, 2017 with sale prices ranging from $24.71 to $25.67 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.

F3: Reflects the weighted average price of 10,002 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 13, 2017 with sale prices ranging from $25.84 to $26.58 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.

F4: Reflects the weighted average price of 11,824 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 14, 2017 with sale prices ranging from $24.25 to $25.03 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.

F5: Fully vested.