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TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2020
Jul 2, 2020
33313_dirs_2020-07-02_ea7e5e1d-3971-4d66-9cfe-18333601a04d.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: 2020-06-30
Reporting Person: SODERBERG PETER H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-30 | Common Stock | A | 271 | $41.43 | Acquired | 4797 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 136452 | Indirect |
| Common Stock | 110833 | Indirect |
Footnotes
F1: On June 30, 2020, the reporting person was granted 271 restricted stock units ("RSUs") in lieu of cash compensation of $11,250.00 pursuant to Tactile Systems Technology, Inc.'s Non-Employee Director Compensation Policy. The RSUs are 100% immediately vested and will be settled in Company's common stock upon the earlier of Mr. Soderberg's separation from service from the Company's Board of Directors or a Change in Control as defined in the Policy.
F2: Represents securities held by Worthy Venture Resources, LLC. The reporting person is the manager of Worthy Venture Resources, LLC.