Filing Details

CUSIP No. 87357P100

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1)NAMES OF REPORTING PERSONS 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Geneva Capital Management LLC

39-1567956

2)CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) 

(a)  [   ]

(b)  [   ]

3)SEC Use Only 

4)CITIZENSHIP OR PLACE OF ORGANIZATION 

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH

5)SOLE VOTING POWER0 

 

6)SHARED VOTING POWER27,701 

 

7)SOLE DISPOSITIVE POWER0 

 

8)SHARED DISPOSITIVE POWER27,701 

9)AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 

27,701

10)CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [  ] 

11)PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 

0.1%

12)TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) 

IA

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CUSIP No. 87357P100

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Item 1.

(a) Name of Issuer 

Tactile Systems Technology, Inc.

(b)Address of Issuer’s Principal Executive Offices 

3701 Wayzata Blvd, Suite 300

Minneapolis, MN 55416

 

Item 2.

(a)Name of Persons Filing 

Geneva Capital Management LLC

(b)Address of Principal Business Office or, if none, Residence 

411 E Wisconsin Ave., Suite 2320

Milwaukee, WI 53202

 

(c)Citizenship 

Delaware

(d)Title of Class of Securities 

Common Stock

(e)CUSIP Number 

87357P100

Item 3.If this statement is filed pursuant to sections 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: 

(a)¨Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). 

(b)¨Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). 

(c)¨Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). 

(d)¨Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). 

(e)xAn investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); 

(f)¨An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); 

(g)¨A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); 

(h)¨A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); 

(i)¨A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); 

(j)¨Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). 

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CUSIP No. 87357P100

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Item 4.Ownership. 

(a)Amount Beneficially Owned: 27,701 

(b)Percent of Class:  0.1% 

(c)Number of shares as to which such person has: 

(i)Sole power to vote or to direct the vote:  0 

(ii)Shared power to vote or to direct the vote:  27,701 

(iii)Sole power to dispose or to direct the disposition of:  0 

(iv)Shared power to dispose or to direct the disposition of:  27,701 

Item 5.Ownership of Five Percent or Less of a Class. 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   [ X ].

Item 6.Ownership of More than Five Percent on Behalf of Another Person. 

Certain institutional and individual clients of Geneva ultimately own all of the Shares included on this Schedule and have the right to receive, or the power to direct the receipt of, dividends and proceeds from the sale of such Shares.  No one client has granted Geneva investment discretion or voting authority over 5% or more of the Shares.

Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. 

Not Applicable

Item 8.Identification and Classification of Members of the Group. 

Not Applicable

Item 9.Notice of Dissolution of Group. 

Not Applicable

Item 10.Certification. 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

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CUSIP No. 87357P100

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:  June 9, 2022

Geneva Capital Management LLC

 

 

 

By:       /s/ Stephen J. Shenkenberg

Name:  Stephen J. Shenkenberg

Title:     Principal, General Counsel and     Chief Compliance Officer

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