TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2019

Nov 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2019-11-21

Reporting Person: Folkes Robert J. (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-21	Common Stock	S	2106	$58.21	Disposed	71536	Direct
2019-11-22	Common Stock	M	2273	$32.36	Acquired	73809	Direct
2019-11-22	Common Stock	S	2273	$60.1156	Disposed	71536	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-22	Employee Stock Option (right to buy)	$32.36	M	2273	Disposed	2025-02-28	Common Stock (2273)	Direct

Footnotes

F1: Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2019.

F2: Reflects the weighted average price of 2,273 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on November 22, 2019 with sale prices ranging from $60.08 to $60.21 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.

F3: The stock option vests as follows: one-third of the stock option vests on each of the first three anniversaries of the grant date.