SEC Form 4 · accession 0001250902-15-000042
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
Jul 31, 2015
Accepted (ET)
Aug 4, 2015 · 9:32 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 | Jul 31, 2015 | M | 7,100 | $15.00 | A | 211,498 | D | |
| Common StockF2 | Jul 31, 2015 | S | 7,100 | $140.30 | D | 204,398 | 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 | Jul 31, 2015 | M | 7,100 | D | — | May 15, 2018 | Common Stock | 7,100 | 212,900 | D |
Explanation of responses
- F1Acquired through the exercise of stock options with an exercise price of $15.00 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.
- F3Options vested at 20% per year from May 15, 2009 through May 15, 2013. Date exercisable will vary with each vesting tranche.