SODERBERG PETER H 4
4 · TACTILE SYSTEMS TECHNOLOGY INC · Filed Oct 2, 2019
Insider Transaction Report
Form 4
SODERBERG PETER H
Director
Transactions
- Award
Common Stock
2019-09-30$42.32/sh+236$9,988→ 12,259 total
Holdings
- 236,450(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]On September 30, 2019, the reporting person was granted 236 restricted stock units ("RSUs") in lieu of cash compensation of $10,000.00 pursuant to Tactile Systems Technology, Inc.'s Non-Employee Director Compensation Policy. The RSUs are 100% immediately vested and will be settled in Company's common stock upon the earlier of Mr. Soderberg's separation from service from the Company's Board of Directors or a Change in Control as defined in the Policy.
- [F2]Represents securities held by Worthy Venture Resources, LLC. The reporting person is the manager of Worthy Venture Resources, LLC.