0001437749-23-004975.txt : 20230228 0001437749-23-004975.hdr.sgml : 20230228 20230228203242 ACCESSION NUMBER: 0001437749-23-004975 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230225 FILED AS OF DATE: 20230228 DATE AS OF CHANGE: 20230228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAULS ERIC CENTRAL INDEX KEY: 0001857667 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37799 FILM NUMBER: 23689045 MAIL ADDRESS: STREET 1: 3701 WAYZATA BLVD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TACTILE SYSTEMS TECHNOLOGY INC CENTRAL INDEX KEY: 0001027838 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1331 TYLER STREET NE STE 200 CITY: MINNEAPOLIS STATE: MN ZIP: 55413 BUSINESS PHONE: 866-435-3948 MAIL ADDRESS: STREET 1: 1331 TYLER STREET NE STE 200 CITY: MINNEAPOLIS STATE: MN ZIP: 55413 4 1 rdgdoc.xml FORM 4 X0306 4 2023-02-25 0001027838 TACTILE SYSTEMS TECHNOLOGY INC TCMD 0001857667 PAULS ERIC 3701 WAYZATA BLVD. SUITE 300 MINNEAPOLIS MN 55416 1 Senior VP, Sales Common Stock 2023-02-25 4 A 0 595 0 A 31521 D Common Stock 2023-02-27 4 S 0 1401 15.33 D 30120 D Common Stock 2023-02-28 4 S 0 72 14.5393 D 30048 D 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 595 PSUs. Of those earned PSUs, one-third, or 198 PSUs, vested on February 25, 2023, and the remaining two-thirds, or 397 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 72 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 28, 2023 with sale prices ranging from $14.53 to $14.54 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. /s/ Jonathan Zimmerman, Attorney-in-Fact 2023-02-28