TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2018

Jun 26, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2018-06-20

Reporting Person: Thompson Maggie (SVP, Reimb. & Payer Relations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-20	Common Stock	M	4425	$0.96	Acquired	68351	Direct
2018-06-20	Common Stock	S	10466	$55.20360	Disposed	57885	Direct
2018-06-20	Common Stock	S	600	$55.8433	Disposed	57285	Direct
2018-06-21	Common Stock	S	14814	$53.3138	Disposed	42471	Direct
2018-06-21	Common Stock	S	3909	$54.2794	Disposed	38562	Direct
2018-06-21	Common STock	S	1100	$55.1491	Disposed	37462	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-20	Employee Stock Option (right to buy)	$0.96	M	4425	Disposed	2023-10-13	Common Stock (4425)	Direct

Footnotes

F1: Stock option exercise pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 17, 2018.

F2: Includes 396 shares acquired on May 15, 2018 pursuant to the issuer's employee stock purchase plan.

F3: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 17, 2018.

F4: Reflects the weighted average price of 10,466 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 20, 2018 with sale prices ranging from $54.70 to $55.70 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.

F5: Reflects the weighted average price of 600 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 20, 2018 with sale prices ranging from $55.77 to $56.00 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: Reflects the weighted average price of 14,814 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 21, 2018 with sale prices ranging from $52.82 to $53.81 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.

F7: Reflects the weighted average price of 3,909 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 21, 2018 with sale prices ranging from $53.83 to $54.76 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.

F8: 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 June 21, 2018 with sale prices ranging from $54.91 to $55.34 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.

F9: Fully vested.