4//SEC Filing
Burns Kristie 4
Accession 0001437749-24-005783
CIK 0001027838other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 9:12 PM ET
Size
10.9 KB
Accession
0001437749-24-005783
Insider Transaction Report
Form 4
Burns Kristie
Sr. VP Mktg & Clinical Affairs
Transactions
- Sale
Common Stock
2024-02-23$14.80/sh−2,249$33,278→ 53,765 total - Award
Common Stock
2024-02-24+8,986→ 62,751 total - Award
Common Stock
2024-02-24+2,776→ 65,527 total - Sale
Common Stock
2024-02-26$15.90/sh−2,015$32,049→ 63,512 total
Footnotes (6)
- [F1]Consists of shares sold to cover taxes associated with the settlement of stock units, which sales were pursuant to a Rule 10b5-1 instruction on February 22, 2023.
- [F2]Adoption date of referenced 10b5-1(c) plan is: 02-22-2023.
- [F3]Reflects the weighted average price of 2,249 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 23, 2024 with sale prices ranging from $14.7911 to $14.82 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.
- [F4]On February 24, 2022, 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 2023. As determined on February 24, 2024, based on actual performance for 2023, the reporting person earned 8,986 PSUs. Of those earned PSUs, one-third, or 2,995 PSUs, vested on February 24, 2024, and the remaining two-thirds, or 5,991 PSUs, are scheduled to vest on February 24, 2025.
- [F5]On February 22, 2023, the reporting person was granted PSUs, with the number of PSUs earned to be determined based on the extent to which certain performance conditions are met for a performance period consisting of three separate performance years of 2023, 2024 and 2025. As determined on February 24, 2024, based on actual performance for 2023, the reporting person earned 2,776 PSUs with respect to the 2023 performance year. Those PSUs are scheduled to vest on the date in 2025 that the Compensation and Organization Committee determines the number of PSUs earned with respect to the 2024 performance year.
- [F6]Consists of shares sold to cover taxes associated with the settlement of stock units, which sales were pursuant to Rule 10b5-1 instructions on February 25, 2021 and February 24, 2022.
Documents
Issuer
TACTILE SYSTEMS TECHNOLOGY INC
CIK 0001027838
Entity typeother
Related Parties
1- filerCIK 0001857721
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 9:12 PM ET
- Size
- 10.9 KB