SEC Form 4 · accession 0001250902-16-000138
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
Dec 8, 2016
Accepted (ET)
Dec 12, 2016 · 11:41 am EST
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 | Dec 8, 2016 | M | 4,173 | $24.08 | A | 310,588 | D | |
| Common StockF2 | Dec 8, 2016 | S | 4,173 | $146.00 | D | 306,415 | D | |
| Common StockF1,F2 | Dec 8, 2016 | M | 1,500 | $16.61 | A | 307,915 | D | |
| Common StockF2 | Dec 8, 2016 | S | 1,500 | $146.00 | D | 306,415 | D | |
| Common StockF1,F2 | Dec 8, 2016 | M | 1,500 | $21.11 | A | 307,915 | D | |
| Common StockF2 | Dec 8, 2016 | S | 1,500 | $146.00 | D | 306,415 | 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 | Dec 8, 2016 | M | 4,173 | D | — | Jun 15, 2021 | Common Stock | 4,173 | 1,500 | D |
| OptionF3 | $16.61 | Dec 8, 2016 | M | 1,500 | D | — | Jun 15, 2020 | Common Stock | 1,500 | 3,000 | D |
| OptionF3 | $21.11 | Dec 8, 2016 | M | 1,500 | D | — | Dec 15, 2020 | Common Stock | 1,500 | 3,000 | D |
Explanation of responses
- F1Acquired through the exercise of stock options
- F2Includes 4,500 shares held in a foundation in which Mr. Yeaman is deemed to have shared voting power.
- F3Option has graded vesting. Date exercisable will vary with each vesting tranche.