TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2020

Aug 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2020-08-05

Reporting Person: REUVERS DANIEL L. (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-05	Common Stock	A	10178	—	Acquired	10178	Direct
2020-08-05	Common Stock	A	9246	—	Acquired	19424	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-05	Employee Stock Option (right to buy)	$36.50	A	26210	Acquired	2027-08-05	Common Stock (26210)	Direct
2020-08-05	Employee Stock Option (right to buy)	$36.50	A	24818	Acquired	2027-08-05	Common Stock (24818)	Direct

Footnotes

F1: Restricted stock units ("RSUs") that vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the grant date.

F2: RSUs that vest fully on June 30, 2021.

F3: One-third of the stock option vests on each of the first three anniversaries of the grant date, subject to the requirement that the Company's stock price exceeds $40.15 for 20 consecutive trading days during the term of the stock option.

F4: Stock option vests fully on June 30, 2021, subject to the requirement that the Company's stock price exceeds $40.15 for 20 consecutive trading days during the term of the stock option.