TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2017

Jun 14, 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: Galen Partners V LP (10% Owner)
Reporting Person: Galen Partners International V LP (10% Owner)
Reporting Person: Galen Management, LLC (10% Owner)
Reporting Person: Galen Partners V, L.L.C. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-13	Common Stock	S	295455	$25.00	Disposed	3985233	Indirect

Footnotes

F1: The shares were sold as follows: 268,695 shares by Galen Partners V, L.P. ("Galen V"), 22,945 shares by Galen Partners International V, L.P. ("Galen International V") and 3,815 shares by Galen Management, LLC ("Galen Management").

F2: The shares were sold at prices ranging from $25.00 to $25.48. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Galen Partners V, L.L.C. serves as the sole general partner of Galen V and Galen International V and has sole voting and investment control over the shares held by such funds and may be deemed to beneficially own the shares held by such funds. Each of the Reporting Person disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.

F4: Includes 3,624,285 shares held of record by Galen V, 309,487 shares held of record by Galen International V and 51,461 shares held of record by Galen Management.