Filing Details

Accession Number:
0001437749-25-004934
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-24 18:22:25
Reporting Period:
2025-02-20
Filing Date:
2025-02-24
Accepted Time:
2025-02-24 18:22:25
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
1968559 M. Elaine Birkemeyer 3701 Wayzata Blvd.
Suite 300
Minneapolis MN 55416
Chief Financial Officer 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 2025-02-20 3,446 $0.00 64,741 No 4 A Direct
Common Stock Acquisiton 2025-02-20 6,887 $0.00 71,628 No 4 A Direct
Common Stock Acquisiton 2025-02-20 36,248 $0.00 107,876 No 4 A Direct
Common Stock Disposition 2025-02-24 3,778 $14.70 104,098 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. On February 22, 2023, the reporting person was granted performance stock units ("PSUs"), with one-third of such PSUs to be earned based on the extent to which certain performance conditions were met for a performance period of 2024. As determined on February 20, 2025, based on actual performance for 2024, the reporting person earned 3,446 PSUs. Those earned PSUs vested on February 20, 2025.
  2. On February 21, 2024, the reporting person was granted PSUs, with one-third of such PSUs to be earned based on the extent to which certain performance conditions were met for a performance period of 2024. As determined on February 20, 2025, based on actual performance for 2024, the reporting person earned 6,887 PSUs. Those PSUs are scheduled to vest on the date in 2026 that the Compensation and Organization Committee determines the number of PSUs earned with respect to the 2025 performance year.
  3. Represents restricted stock units ("RSUs") that vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the grant date.
  4. Adoption date of referenced 10b5-1(c) plan is: 06-10-2024
  5. Consists of shares sold to cover taxes associated with the settlement of stock units.
  6. Reflects the weighted average price of 3,778 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 24, 2025 with sale prices ranging from $14.70 to $14.715 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.