TACTILE SYSTEMS TECHNOLOGY INC — Director's Dealing 2020

Apr 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
CIK: 0001027838
Period of Report: 2020-04-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-28	Common Stock	S	100	$54.95	Disposed	271684	Direct
2020-04-29	Common Stock	S	28115	$55.4758	Disposed	243569	Direct
2020-04-29	Common Stock	S	11785	$56.1395	Disposed	231784	Direct
2020-04-29	Common Stock	M	93002	$0.96	Acquired	324786	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-29	Stock Option (right to buy)	$0.96	M	93002	Disposed	2023-10-13	Common Stock (93002)	Direct

Footnotes

F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2020.

F2: Reflects the weighted average price of 28,115 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on April 29, 2020 with sale prices ranging from $54.90 to $55.89 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 11,785 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on April 29, 2020 with sale prices ranging from $55.91 to $56.80 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.