SEC Form 4 · accession 0001250902-16-000109
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian K Miller
Officer — Executive VP & CFO
Period of report
Jun 15, 2016
Accepted (ET)
Jun 16, 2016 · 3:05 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 | Jun 15, 2016 | G | 250 | $154.79 | D | 60,702 | D | |
| Common StockF2 | Jun 15, 2016 | M | 6,000 | $24.08 | A | 66,702 | D | |
| Common Stock | Jun 15, 2016 | S | 6,000 | $155.45 | D | 60,702 | D | |
| Common StockF2 | Jun 15, 2016 | M | 6,000 | $16.61 | A | 66,702 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $24.08 | Jun 15, 2016 | M | 6,000 | D | — | Jun 15, 2021 | Common Stock | 6,000 | 6,000 | D |
| Common StockF3 | $16.61 | Jun 15, 2016 | M | 6,000 | D | — | Jun 15, 2020 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Represents the closing sale price of Tyler Technologies common stock as reported by the NYSE on June 15, 2016
- F2Acquired through the exercise of stock options
- F3Option has graded vesting. Date exercisable will vary with each vesting tranche.