TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2019

Mar 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2019-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-28	Common Stock	F	1175	$76.01	Disposed	288432	Direct
2019-03-01	Common Stock	S	3400	$69.5423	Disposed	285032	Direct
2019-03-01	Common Stock	S	9819	$70.3332	Disposed	275213	Direct
2019-03-01	Common Stock	S	2875	$71.7101	Disposed	272338	Direct
2019-03-01	Common Stock	S	4840	$72.5253	Disposed	267498	Direct
2019-03-01	Common Stock	S	5068	$73.3263	Disposed	262430	Direct
2019-03-01	Common Stock	S	1300	$74.5838	Disposed	261130	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 December 12, 2018.

F3: Reflects the weighted average price of 3,400 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $69.00 to $69.945 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 9,819 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $70.00 to $70.99 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: Reflects the weighted average price of 2,875 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $71.00 to $71.99 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.

F6: Reflects the weighted average price of 4,840 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $72.00 to $72.97 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.

F7: Reflects the weighted average price of 5,068 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $73.00 to $73.845 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.

F8: Reflects the weighted average price of 1,300 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on March 1, 2019 with sale prices ranging from $74.26 to $75.00 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.