TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2017

May 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2017-05-09

Reporting Person: ROCHE KEVIN H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-09	Common Stock	A	2306	—	Acquired	181784	Direct
2017-05-11	Common Stock	S	30000	$21.5286	Disposed	151784	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-09	Stock Option (right to buy)	$21.68	A	6391	Acquired	2024-05-07	Common Stock (6391)	Direct

Footnotes

F1: The restricted stock units will vest in full on the earlier of one year from the grant date or the date of the next year's annual meeting of the stockholders.

F2: The reported number of shares differs slightly from that previously reported as a result of the correction of a rounding error in connection with the Issuer's reverse stock split.

F3: 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 May 11, 2017 with sale prices ranging from $21.40 to $21.77 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: The options will vest in full on the earlier of one year from the grant date or the date of the next year's annual meeting of the stockholders.