SEC Form 4 · accession 0001240085-17-000003
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry D Leinweber
Director
Period of report
May 1, 2017
Accepted (ET)
May 2, 2017 · 7:07 pm EDT
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 StockF2,F3 | May 1, 2017 | S | 28,957 | $163.5496 | D | 1,508,479 | I | as Trustee |
| Common StockF5,F6 | May 1, 2017 | S | 7,043 | $163.5496 | D | 1,501,436 | I | as Trustee |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on March 10, 2017.
- F2Reflects the average sales price for the reported transactions ($163.5496). The shares were sold in multiple transactions at prices ranging from $162.52 to $164.30 inclusive. The reporting person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares sold at each separate price within the range specified.
- F3Includes shares owned indirectly by the reporting person as trustee for: (a) the Larry D. Leinweber Trust (22,703 shares); and (b) the Leinweber Foundation (6,254 shares). The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F4The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2017.
- F5Reflects the average sales price for the reported transaction ($163.546). The shares were sold in multiple transactions at prices ranging from $162.52 to $164.30 inclusive. The reporting person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares sold at each separate price within the range specified.
- F6Includes shares owned by the reporting person's wife, Claudia Babiarz, as trustee for: (a) the Larry D. Leinweber Irrevocable Trust FBO Ashley Leinweber (2,004 shares); (b) the Leinweber Trust FBO Ashley Leinweber (759 shares); (c) the Larry D. Leinweber Irrevocable Trust FBO Danica Treadwell (1,517 shares); (d) the Larry D. Leinweber Irrevocable Trust FBO David Leinweber (2,004 shares); and (e) the Leinweber Trust FBO David Leinweber (759 shares). The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.