William W. Burke - May 8, 2024 Form 4 Insider Report for TACTILE SYSTEMS TECHNOLOGY INC (TCMD)

Role
Director
Signature
/s/ Jonathan Zimmerman, Attorney-in-Fact
Stock symbol
TCMD
Transactions as of
May 8, 2024
Transactions value $
-$35,150
Form type
4
Date filed
5/10/2024, 04:24 PM
Previous filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TCMD Common Stock Sale -$35.2 K -2.5 K -9% $14.06 25.3 K May 8, 2024 Direct F1
transaction TCMD Common Stock Award $0 +10.5 K +41.42% $0.00 35.7 K May 8, 2024 Direct F2

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Adoption date of referenced 10b5-1(c) plan is: 06-13-2023
F2 The restricted stock units will vest in full on the earlier of one year from the grant date or the date of the next year's annual meeting of the stockholders.