TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2018

Oct 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2018-10-22

Reporting Person: Mattys Gerald R. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-22	Common Stock	M	39000	$1.55	Acquired	333129	Direct
2018-10-22	Common Stock	S	13386	$63.6697	Disposed	319743	Direct
2018-10-22	Common Stock	S	17714	$64.3785	Disposed	302029	Direct
2018-10-22	Common Stock	S	7900	$64.9901	Disposed	294129	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-10-22	Employee Stock Option (right to buy)	$1.55	M	39000	Disposed	2021-04-20	Common Stock (39000)	Direct

Footnotes

F1: Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2018.

F2: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2018.

F3: Reflects the weighted average price of 13,386 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on October 22, 2018 with sale prices ranging from $62.95 to $63.94 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 17,714 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on October 22, 2018 with sale prices ranging from $63.95 to $64.94 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 7,900 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on October 22, 2018 with sale prices ranging from $64.95 to $65.27 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.