SEC Form 4 · accession 0001250902-15-000023
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dustin R Womble
Officer — Executive Vice President · Director
Period of report
May 27, 2015
Accepted (ET)
May 28, 2015 · 3:59 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 StockF1,F2 | May 27, 2015 | M | 25,000 | — | A | 229,326 | D | |
| Common StockF2 | May 27, 2015 | S | 25,000 | $124.50 | D | 204,326 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $12.14 | May 27, 2015 | M | 25,000 | D | — | Dec 15, 2018 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Acquired through the exercise of stock options with an exercise price of $12.14 per share.
- F2Includes 150 shares held in a trust for the benefit of Mr. Womble's children, a trust in which Mr. Womble is deemed to have sole voting and investment power.
- F3Option has graded vesting from December 15, 2009 through December 15, 2013. Date exercisable will vary with each vesting tranche.