SEC Form 4 · accession 0001250902-15-000012
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
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 9:53 am 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 StockF1,F2 | Apr 27, 2015 | M | 1,500 | — | A | 369,511 | D | |
| Common StockF3,F2 | Apr 27, 2015 | M | 1,000 | — | A | 370,511 | D | |
| Common StockF4,F2 | Apr 27, 2015 | M | 5,000 | — | A | 375,511 | D | |
| Common StockF2 | Apr 27, 2015 | S | 5,000 | $130.50 | D | 370,511 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF5 | $21.11 | Apr 27, 2015 | M | 1,500 | D | — | Dec 15, 2020 | Common Stock | 1,500 | 3,000 | D |
| Option | $19.20 | Apr 27, 2015 | M | 1,000 | D | Dec 15, 2014 | Dec 15, 2019 | Common Stock | 1,000 | 0 | D |
| OptionF6 | $15.00 | Apr 27, 2015 | M | 5,000 | D | — | May 15, 2018 | Common Stock | 5,000 | 37,190 | D |
Explanation of responses
- F1Acquired through the exercise of stock options with an exercise price of $21.11 per share.
- F2Includes 7,300 shares held in a foundation in which Mr. Yeaman is deemed to have shared voting power.
- F3Acquired through the exercise of stock options with an exercise price of $19.20 per share.
- F4Acquired through the exercise of stock options with an exercise price of $15.00 per share.
- F5Grant has a graded vesting schedule from December 15, 2011 through December 15, 2013. Date exercisable will vary for each vesting tranche.
- F6Option grant has graded vesting schedule from May 15, 2009 through May 15, 2013. Date exercisable will vary for each vesting tranche.