SEC Form 4 · accession 0000310051-15-000004
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luther King Jr.
Director
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 9:42 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000860731
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 12, 2015 | M | 5,000 | $6.14 | A | 55,025 | D | |
| Common Stock | Feb 12, 2015 | S | 271 | $113.64 | D | 54,754 | D | |
| Common StockF1 | holding | — | — | — | 189,329 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3,F2 | $6.14 | Feb 12, 2015 | M | 5,000 | D | — | May 19, 2015 | Common Stock | 5,000 | 35,833 | D |
Explanation of responses
- F1Represents shares of common stock held by clients of Luther King Capital Management Corporation, an investment advisory firm controlled by Mr. King. Mr. King expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F2Option vested 1/3 on 5/19/2006, 1/3 on 5/19/2007 and 1/3 on 5/19/2008.
- F3Total vested options held as of the reporting date.