SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Radius Venture Partners III, LLC (Last) (First) (Middle) 250 PARK AVENUE, SUITE 1102 (Street) NEW YORK NY 10177 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol TACTILE SYSTEMS TECHNOLOGY INC [ TCMD ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 08/02/2016
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/02/2016		C		150,767	A	(1)	150,767	I	By Radius Venture Partners III, LP(3)
Common Stock	08/02/2016		C		1,644,046	A	(1)	1,644,046	I	By Radius Venture Partners III QP, LP(4)
Common Stock	08/02/2016		C		206,478	A	(1)	206,478	I	By Radius Venture Partners III (Ohio) LP(5)
Common Stock								5,000(6)	D(6)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series B Preferred Stock	(1)	08/02/2016		C			87,123	(1)	(2)	Common Stock	87,123	(1)	0	I	By Radius Venture Partners III, LP(3)
Series B Preferred Stock	(1)	08/02/2016		C			950,027	(1)	(2)	Common Stock	950,027	(1)	0	I	By Radius Venture Partners III QP, LP(4)
Series B Preferred Stock	(1)	08/02/2016		C			119,316	(1)	(2)	Common Stock	119,316	(1)	0	I	By Radius Venture Partners III (Ohio) LP(5)

1. Name and Address of Reporting Person* Radius Venture Partners III, LLC (Last) (First) (Middle) 250 PARK AVENUE, SUITE 1102 (Street) NEW YORK NY 10177 (City) (State) (Zip)

1. Name and Address of Reporting Person* RADIUS VENTURE PARTNERS III L P (Last) (First) (Middle) 250 PARK AVENUE, SUITE 1102 (Street) NEW YORK NY 10177 (City) (State) (Zip)

1. Name and Address of Reporting Person* Radius Venture Partners III QP, L.P. (Last) (First) (Middle) 250 PARK AVENUE, SUITE 1102 (Street) NEW YORK NY 10177 (City) (State) (Zip)

1. Name and Address of Reporting Person* Radius Venture Partners III (OHIO), LP (Last) (First) (Middle) 250 PARK AVENUE, SUITE 1102 (Street) NEW YORK NY 10177 (City) (State) (Zip)

1. Name and Address of Reporting Person* Davis Jordan (Last) (First) (Middle) 250 PARK AVENUE, SUITE 1102 (Street) NEW YORK NY 10177 (City) (State) (Zip)

1. Name and Address of Reporting Person* LUBIN DANIEL C (Last) (First) (Middle) 250 PARK AVENUE, SUITE 1102 (Street) NEW YORK NY 10177 (City) (State) (Zip)

Explanation of Responses:

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. 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.

3. These securities are held directly by Radius Venture Partners III, L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III, L.P., Jordan S. Davis, a director of Issuer, and managing member of Radius Venture Partners III, LLC and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.

4. These securities are held directly by Radius Venture Partners III QP, L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III QP, L.P., Jordan S. Davis, a director of Issuer and managing member of Radius Venture Partners III, LLC, and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.

5. These securities are held directly by Radius Venture Partners III (Ohio), L.P. and indirectly by Radius Venture Partners III, LLC, the general partner of Radius Venture Partners III (Ohio), L.P., Jordan S. Davis, a director of Issuer, and managing member of Radius Venture Partners III, LLC and Daniel C. Lubin, managing member of Radius Venture Partners III, LLC. Each of Radius Venture Partners III, LLC, Mr. Davis and Mr. Lubin may be deemed to beneficially own such securities, and disclaims such beneficial ownership except to the extent of its or his pecuniary interest therein.

6. Represents 5,000 restricted stock units granted to Jordan Davis, a director of Issuer, subject to vesting in full on the earlier of (a) July 27, 2017 or (b) immediately prior to the next annual meeting of stockholders following July 27, 2016, subject to his continued service as a director as of such date. The restricted stock units may only be settled in shares of common stock on a one-for-one basis.

	/s/ Jordan Davis and Daniel Lubin, each, individually, and as Managing Member of Radius Venture Partners III, LLC	08/04/2016
	** Signature of Reporting Person	Date
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