Company: TCMD
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001558370-25-003924
Chunk: 55

Company: TACTILE SYSTEMS TECHNOLOGY INC
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 55
---
                                                 |                                                                                                                                              -546,525 | —                                                                                     |                                                                                                                             -484,627 |                                                                                                            -813,103 | —                                                                                                                               |                     -1,844,256 |

In connection with his appointment as CEO in 2020, Mr. Reuvers received a grant of stock options that included a market condition related to stock price in order to vest. Due to that market condition, the grant date fair value of those stock options was determined using the Monte Carlo Simulation model. The market condition was satisfied in the first quarter of 2021, and as a result, we have used the Black-Scholes valuation model (which is the valuation model used for all other stock option awards we have granted) to value these stock options for all dates subsequent to the grant date as part of the CAP calculations.

| ​                    |  ​ |
| 2025 Proxy Statement | 59 |

Average Non-PEO NEOs

| ​    
 Year 
 2024 |                                                           ​ 
 Deduct: Grant Date Fair Value of Covered Year Equity Awards 
                                                         ($) 
                                                   (566,651) |                                                 ​ 
 Year End Fair Value of Covered Year Equity Awards 
                                               ($) 
                                           657,780 |                                                                                                                                                     ​ 
 Change in Fair Value at End of Covered Year from End of Prior Year of Equity Awards Granted in a Prior Year that were Unvested at End of Covered Year 
                                                                                                                                                   ($) 
                                                                                                                                                63,848 |                                                                                     ​ 
 Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Covered Year 
                                                                                   ($) 
                                                                                     — |                                                                                                                                    ​ 
 Change in Fair Value at Vesting Date from End of Prior Year of Equity Awards Granted in a Prior Year that Vested in the Covered Year 
                                                                                                                                  ($) 
                                                                                                                                  807 |                                                                                                                   ​ 
 Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Covered Year 
                                                                                                                 ($) 
                                                                                                                   — | ​                                                                                                                               
 Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation 
 ($)                                                                                                                             
 —                                                                                                                               |                              ​ 
 Total Equity Award Adjustments 
                            ($) 
                        155,785 |
|:-----|------------------------------------------------------------:|--------------------------------------------------:|------------------------------------------------------------------------------------------------------------------------------------------------------:|--------------------------------------------------------------------------------------:|-------------------------------------------------------------------------------------------------------------------------------------:|--------------------------------------------------------------------------------------------------------------------:|:--------------------------------------------------------------------------------------------------------------------------------|-------------------------------:|
| 2023 |                                                    -397,276 |