Form Type: 4

SEC EDGAR Link
Accession Number:0001437749-19-009856
Date:2019-05-10
Issuer: TACTILE SYSTEMS TECHNOLOGY INC (TCMD)
Original Submission Date:

Reporting Person:

FOLKES ROBERT J.
1331 TYLER STREET NE, SUITE 200
MINNEAPOLIS, MN 55413

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-05-10 F 1,739 d $55.49 107,415 direct
COMMON STOCK 2019-05-13 M 2,500 a $0.96 109,915 direct
COMMON STOCK 2019-05-13 S 1,574 d $53.25 108,341 direct
COMMON STOCK 2019-05-13 S 926 d $54.40 107,415 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 0.96 2019-05-13 deemed execution date M 2,500 (d) 2023-10-13 common stock 2,500 $0.96 7,500 direct
Footnotes
IDfootnote
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 stock option exercise effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on december 9, 2018.
f3 sales effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on december 9, 2018.
f4 reflects the weighted average price of 1,574 shares of common stock of tactile systems technology, inc. sold by the reporting person in multiple transactions on may 13, 2019 with sale prices ranging from $52.925 to $53.64 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 926 shares of common stock of tactile systems technology, inc. sold by the reporting person in multiple transactions on may 13, 2019 with sale prices ranging from $54.07 to $54.89 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.
f6 fully vested.
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