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TACTILE SYSTEMS TECHNOLOGY INC Director's Dealing 2019

Jun 27, 2019

33313_dirs_2019-06-27_cb1ec499-b2d5-4278-b4dd-d60ebb9e2909.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: 2019-06-25

Reporting Person: Rishe Bryan (SVP, Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-06-25 Common Stock M 4812 $1.55 Acquired 50674 Direct
2019-06-25 Common Stock S 2725 $53.4448 Disposed 47949 Direct
2019-06-25 Common Stock S 2087 $54.3094 Disposed 45862 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-06-25 Employee Stock Option (right to buy) $1.55 M 4812 Disposed 2021-04-20 Common Stock (4812) Direct

Footnotes

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

F2: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2019.

F3: Reflects the weighted average price of 2,725 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 25, 2019 with sale prices ranging from $53.035 to $54.01 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 2,087 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on June 25, 2019 with sale prices ranging from $54.04 to $54.95 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.