SEC Form 4 · accession 0001250902-15-000002
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Yeaman
Officer — Chairman of the Board · Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 8:41 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 StockF1,F2 | Feb 13, 2015 | M | 5,000 | — | A | 372,930 | D | |
| Common StockF2 | Feb 13, 2015 | S | 5,000 | $115.90 | D | 367,930 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $15.00 | Feb 13, 2015 | M | 5,000 | D | — | May 15, 2018 | Common Stock | 5,000 | 52,190 | D |
Explanation of responses
- F1Acquired through the exercise of stock options with an exercise price of $15.00 per share.
- F2Includes 7,300 shares held in a foundation in which Mr. Yeaman is deemed to have shared voting power.
- F3Option grant has graded vesting from May 15, 2009 through May 15, 2013. Date exercisable will vary for each vesting tranche.