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TACTILE SYSTEMS TECHNOLOGY INC Director's Dealing 2018

Jun 28, 2018

33313_dirs_2018-06-28_2f61dfcd-6ada-4486-b0df-d65cd004a8ac.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2018-06-26

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-06-26 Common Stock M 4460 $0.51 Acquired 298589 Direct
2018-06-26 Common Stock M 15540 $0.73 Acquired 314129 Direct
2018-06-26 Common Stock S 14210 $54.2657 Disposed 299919 Direct
2018-06-26 Common Stock S 5790 $54.6746 Disposed 294129 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-06-26 Employee Stock Option (right to buy) $0.51 M 4460 Disposed 2019-06-04 Common Stock (4460) Direct
2018-06-26 Employee Stock Option (right to buy) $0.73 M 15540 Disposed 2020-03-08 Common Stock (15540) 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: Includes 953 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 9, 2018.

F4: Reflects the weighted average price of 14,210 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 26, 2018 with sale prices ranging from $53.54 to $54.54 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 5,790 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 26, 2018 with sale prices ranging from $54.545 to $54.94 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.

F6: Fully vested.