SEC Form 4 · accession 0000310051-16-000049

TYLER TECHNOLOGIES INC · TYL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 3, 2016

Accepted (ET)

Mar 4, 2016 · 5:35 pm 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	Mar 3, 2016	M	5,000	$10.26	A	59,754	D
Common Stock^F1	Mar 3, 2016	S	417	$123.45	D	59,337	D
Common Stock	Mar 3, 2016	M	5,000	$11.93	A	64,337	D
Common Stock^F1	Mar 3, 2016	S	485	$123.37	D	63,852	D
Common Stock^F2	holding	—	—		—	189,379	I	See footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option^F4,F3	$10.26	Mar 3, 2016	M	5,000	D	—	May 18, 2016	Common Stock	5,000	37,500	D
Option^F4,F5	$11.93	Mar 3, 2016	M	5,000	D	—	May 17, 2017	Common Stock	5,000	32,500	D

F1Shares sold to pay the aggregate exercise price of the corresponding stock options exercised.
F2Represents 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 of common stock except to the extent of his pecuniary interest therein.
F3Option vested 1/3 on 5/18/2007, 1/3 on 5/18/2008, and 1/3 on 5/18/2009.
F4Total vested options held as of the reporting date.
F5Option vested 1/3 on 5/17/2008, 1/3 on 5/17/2009, and 1/3 on 5/17/2010.