Filing Details
- Accession Number:
- 0001437749-23-004976
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-28 20:34:20
- Reporting Period:
- 2023-02-25
- Accepted Time:
- 2023-02-28 20:34:20
- 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 |
|---|---|---|---|---|---|---|---|
| 1857721 | Kristie Burns | 3701 Wayzata Blvd. Suite 300 Minneapolis MN 55416 | Sr. Vp Mktg & Clinical Affairs | 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 | 2023-02-25 | 962 | $0.00 | 39,645 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2023-02-27 | 2,162 | $15.39 | 37,483 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-02-28 | 135 | $14.58 | 37,348 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- On May 5, 2021, the reporting person was granted performance stock units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period of 2022. As determined on February 25, 2023, based on actual performance for 2022, the reporting person earned 962 PSUs. Of those earned PSUs, one-third, or 320 PSUs, vested on February 25, 2023, and the remaining two-thirds, or 642 PSUs, are scheduled to vest on February 25, 2024.
- Consists of shares sold to cover taxes associated with the settlement of stock units.
- Reflects the weighted average price of 2,162 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 27, 2023 with sale prices ranging from $15.3714 to $15.41 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.
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