8-K
filed January 5, 2022, 6:59 PM ET
ticker TCMD
CIK 0001027838
leadership
confidence high
sentiment neutral
materiality 0.50
Tactile Medical appoints Valerie Asbury and D. Brent Shafer to board; three directors to retire at 2022 annual meeting
TACTILE SYSTEMS TECHNOLOGY INC
- Valerie Asbury (CEO of LifeScan) and D. Brent Shafer (ex-Cerner CEO) join board effective Jan 5, 2022.
- Asbury appointed to Audit and Compliance & Reimbursement Committees; Shafer to Audit, Compensation & Organization, and Nominating & Governance Committees.
- Directors Richard Nigon, Kevin Roche, and Peter Soderberg will not stand for re-election at the 2022 annual meeting but serve until term ends.
- Each new director receives prorated RSU grant of $130,000 value, vesting on earlier of one year or 2022 annual meeting.
- Cash retainers: $50,000 annual board retainer plus committee fees ($5,000-$10,000 per committee).
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Peter Soderberg departed as Director at TACTILE SYSTEMS TECHNOLOGY INC.
- Action
- will not stand for re-election
- Role
- Director
Exact text from the filing
Also on January 5, 2022, current directors Richard Nigon, Kevin Roche and Peter Soderberg notified the board that they would not be standing for re-election at the 2022 annual meeting of stockholders.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Richard Nigon departed as Director at TACTILE SYSTEMS TECHNOLOGY INC.
- Action
- will not stand for re-election
- Role
- Director
Exact text from the filing
Also on January 5, 2022, current directors Richard Nigon, Kevin Roche and Peter Soderberg notified the board that they would not be standing for re-election at the 2022 annual meeting of stockholders.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
D. Brent Shafer was elected as Director at TACTILE SYSTEMS TECHNOLOGY INC.
- Action
- elected
- Role
- Director
Exact text from the filing
On January 5, 2022, the board of directors of Tactile Systems Technology, Inc. (the “Company”) elected Valerie L. Asbury and D. Brent Shafer to serve as members of the board and fixed the size of the board at 10 directors, all effective as of January 5, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Kevin Roche departed as Director at TACTILE SYSTEMS TECHNOLOGY INC.
- Action
- will not stand for re-election
- Role
- Director
Exact text from the filing
Also on January 5, 2022, current directors Richard Nigon, Kevin Roche and Peter Soderberg notified the board that they would not be standing for re-election at the 2022 annual meeting of stockholders.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Valerie L. Asbury was elected as Director at TACTILE SYSTEMS TECHNOLOGY INC.
- Action
- elected
- Role
- Director
Exact text from the filing
On January 5, 2022, the board of directors of Tactile Systems Technology, Inc. (the “Company”) elected Valerie L. Asbury and D. Brent Shafer to serve as members of the board and fixed the size of the board at 10 directors, all effective as of January 5, 2022.
View on SEC.gov
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