TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2018

Mar 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2018-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-28	Common Stock	A	7725	—	Acquired	307203	Direct
2018-03-01	Common Stock	S	2833	$32.0457	Disposed	304370	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-28	Employee Stock Option (right to buy)	$32.36	A	20056	Acquired	2025-02-28	Common Stock (20056)	Direct

Footnotes

F1: The restricted stock units ("RSUs") vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the grant date.

F2: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2017.

F3: Reflects the weighted average price of 2,833 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2018 with sale prices ranging from $31.95 to $32.30 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: The stock option vests as follows: one-third of the stock option vests on each of the first three anniversaries of the grant date.