SEC Form 4 · accession 0001250902-16-000113
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dustin R Womble
Director
Period of report
Aug 9, 2016
Accepted (ET)
Aug 11, 2016 · 8:56 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 | Aug 9, 2016 | M | 22,500 | $21.11 | A | 238,450 | D | |
| Common StockF2 | Aug 9, 2016 | S | 22,500 | $162.50 | D | 215,950 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $21.11 | Aug 9, 2016 | M | 22,500 | D | — | Dec 15, 2020 | Common Stock | 22,500 | 7,500 | D |
Explanation of responses
- F1Acquired through the exercise of stock options
- F2Includes 360 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. Date exercisable will vary with each vesting tranche.