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TACTILE SYSTEMS TECHNOLOGY INC Director's Dealing 2019

Oct 15, 2019

33313_dirs_2019-10-15_1558990d-6799-4860-8611-d6dfd70f669b.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: 2019-10-10

Reporting Person: Rishe Bryan (SVP, Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-10 Common Stock M 4813 $0.96 Acquired 50675 Direct
2019-10-10 Common Stock S 4612 $42.6177 Disposed 46063 Direct
2019-10-10 Common Stock S 201 $43.1902 Disposed 45862 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-10 Employee Stock Option (right to buy) $0.96 M 4813 Disposed 2023-10-13 Common Stock (4813) Direct

Footnotes

F1: Stock option exercises and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2019.

F2: Reflects the weighted average price of 4,612 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on October 10, 2019 with sale prices ranging from $42.105 to $43.07 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: Reflects the weighted average price of 201 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on October 10, 2019 with sale prices ranging from $43.19 to $43.225 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: Fully vested.