TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2018

Jul 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2018-07-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-17	Common Stock	M	25000	$0.73	Acquired	319129	Direct
2018-07-17	Common Stock	S	24069	$54.4807	Disposed	295060	Direct
2018-07-17	Common Stock	S	931	$55.0068	Disposed	294129	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-17	Employee Stock Option (right to buy)	$0.73	M	25000	Disposed	2020-03-08	Common Stock (25000)	Direct

Footnotes

F1: Stock option exercise effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2018.

F2: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2018.

F3: Reflects the weighted average price of 24,069 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on July 17, 2018 with sale prices ranging from $53.95 to $54.95 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 931 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on July 17, 2018 with sale prices ranging from $54.96 to $55.08 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.