Filing Details

Accession Number:
0001437749-16-036482
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-04 16:31:59
Reporting Period:
2016-08-02
Filing Date:
2016-08-04
Accepted Time:
2016-08-04 16:31:59
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
1192977 H Peter Soderberg 1331 Tyler Street Ne, Suite 200
Minneapolis MN 55413
Yes No 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 2016-08-02 136,450 $0.00 136,450 No 4 C Indirect By Worthy Venture Resources, LLC
Common Stock Acquisiton 2016-08-02 100,000 $10.00 236,450 No 4 P Indirect By Worthy Venture Resources, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Worthy Venture Resources, LLC
No 4 P Indirect By Worthy Venture Resources, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series B Preferred Stock Disposition 2016-08-02 78,849 $0.00 78,849 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,000 Direct
Footnotes
  1. Each share of Series B Preferred Stock was convertible at any time at the option of the holder, and converted automatically into shares of the Issuer's Common Stock on a one-for one basis in connection with the closing of the Issuer's initial public offering. In addition, the holder was entitled to receive additional shares of common stock equal to the original purchase price per share ($3.8048) divided by the price to the public of the shares of common stock issued in the Issuer's initial public offering and these shares accrued a dividend that was payable-in-kind in shares of the Issuer's common stock.
  2. Represents securities held by Worthy Venture Resources, LLC. The reporting person is the manager of Worthy Venture Resources, LLC.
  3. The securities did not have an expiration date. The securities converted automatically into shares of the Issuer's Common Stock on a one-for-one basis in connection with the closing of the Issuer's initial public offering.