SEC Form 4 · accession 0001250902-16-000144
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 14, 2016
Accepted (ET)
Dec 14, 2016 · 5:21 pm 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 14, 2016 | M | 4,897 | $39.36 | A | 311,112 | D | |
| Common StockF2 | Dec 14, 2016 | S | 4,897 | $149.00 | D | 306,215 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $39.36 | Dec 14, 2016 | M | 4,897 | D | — | Jun 15, 2022 | Common Stock | 4,897 | 1,103 | 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.