Moen Brent 4
4 · TACTILE SYSTEMS TECHNOLOGY INC · Filed Feb 28, 2020
Insider Transaction Report
Form 4
Moen Brent
Chief Financial Officer
Transactions
- Award
Common Stock
2020-02-26+4,047→ 11,361 total - Tax Payment
Common Stock
2020-02-26$54.12/sh−513$27,764→ 10,848 total
Footnotes (2)
- [F1]On November 7, 2018, 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 2019. As determined on February 26, 2020, based on actual performance for 2019, the reporting person earned 4,047 PSUs. Of those earned PSUs, one-third, or 1,349 PSUs, vested on February 26, 2020, and the remaining two-thirds, or 2,698 PSUs, are scheduled to vest on February 26, 2021.
- [F2]Consists of shares withheld by the issuer to satisfy the reporting person's tax withholding obligation upon the vesting of PSUs.