Filing Details

Accession Number:
0001437749-19-024902
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-26 19:40:36
Reporting Period:
2019-12-23
Accepted Time:
2019-12-26 19:40:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1027838 Tactile Systems Technology Inc TCMD Surgical & Medical Instruments & Apparatus (3841) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1649328 Bryan Rishe 3701 Wayzata Blvd.
Suite 300
Minneapolis MN 55416
Svp, Sales No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-12-23 3,409 $32.36 49,271 No 4 M Direct
Common Stock Disposition 2019-12-23 3,409 $70.00 45,862 No 4 S Direct
Common Stock Acquisiton 2019-12-26 4,812 $0.96 50,674 No 4 M Direct
Common Stock Disposition 2019-12-26 3,980 $69.09 46,694 No 4 S Direct
Common Stock Disposition 2019-12-26 527 $70.04 46,167 No 4 S Direct
Common Stock Disposition 2019-12-26 305 $70.81 45,862 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2019-12-23 3,409 $0.00 3,409 $32.36
Common Stock Employee Stock Option (right to buy) Disposition 2019-12-26 4,812 $0.00 4,812 $0.96
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,819 2025-02-28 No 4 M Direct
0 2023-10-13 No 4 M Direct
Footnotes
  1. Stock option exercises and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2019.
  2. The stock option vests as follows: one-third of the stock option vests on each of the first three anniversaries of the grant date, February 28, 2018.
  3. Fully vested.
  4. Reflects the weighted average price of 3,980 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on December 26, 2019 with sale prices ranging from $68.57 to $69.47 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.
  5. Reflects the weighted average price of 527 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on December 26, 2019 with sale prices ranging from $69.60 to $70.44 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.
  6. Reflects the weighted average price of 305 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on December 26, 2019 with sale prices ranging from $70.68 to $71.05 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.