TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2018

Jan 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2018-01-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-01	Common Stock	F	10294	$28.98	Disposed	309331	Direct
2018-01-02	Common Stock	M	13388	$0.51	Acquired	322719	Direct
2018-01-02	Common Stock	S	13388	$29.4221	Disposed	309331	Direct
2018-01-03	Common Stock	M	9668	$0.51	Acquired	318999	Direct
2018-01-03	Common Stock	S	9668	$29.3426	Disposed	309331	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-02	Employee Stock Option (right to buy)	$0.51	M	13388	Disposed	2018-02-26	Common Stock (13388)	Direct
2018-01-03	Employee Stock Option (right to buy)	$0.51	M	9668	Disposed	2018-02-26	Common Stock (9668)	Direct

Footnotes

F1: Consists entirely of shares of stock withheld by the issuer to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.

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 13,388 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on January 2, 2018 with sale prices ranging from $29.01 to $29.69 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 9,668 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on January 3, 2018 with sale prices ranging from $29.02 to $29.94 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: Fully vested.