TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2018

Nov 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2018-11-27

Reporting Person: Folkes Robert J. (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-27	Common Stock	M	14315	$0.96	Acquired	127551	Direct
2018-11-27	Common Stock	S	12248	$53.3497	Disposed	115303	Direct
2018-11-27	Common Stock	S	2067	$54.0746	Disposed	113236	Direct
2018-11-28	Common Stock	M	8875	$0.96	Acquired	122111	Direct
2018-11-28	Common Stock	S	7535	$52.582	Disposed	114576	Direct
2018-11-28	Common Stock	S	1100	$53.3873	Disposed	113476	Direct
2018-11-28	Common Stock	S	240	$54.2143	Disposed	113236	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-27	Employee Stock Option (right to buy)	$0.96	M	14315	Disposed	2023-10-13	Common Stock (14315)	Direct
2018-11-28	Employee Stock Option (right to buy)	$0.96	M	8875	Disposed	2023-10-13	Common Stock (8875)	Direct

Footnotes

F1: Reflects the weighted average price of 12,248 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 27, 2018 with sale prices ranging from $52.90 to $53.89 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: Reflects the weighted average price of 2,067 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 27, 2018 with sale prices ranging from $53.90 to $54.70 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 7,535 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 28, 2018 with sale prices ranging from $52.04 to $53.02 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 1,100 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 28, 2018 with sale prices ranging from $53.08 to $54.05 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: Reflects the weighted average price of 240 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 28, 2018 with sale prices ranging from $54.17 to $54.36 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.

F6: Fully vested.