SEC Form 4 · accession 0001710879-17-000010
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 31, 2017
Accepted (ET)
Sep 5, 2017 · 12:49 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 | Aug 31, 2017 | M | 3,075 | $54.45 | A | 226,197 | D | |
| Common Stock | Aug 31, 2017 | S | 3,075 | $173.00 | D | 223,122 | D | |
| Common StockF2 | Aug 31, 2017 | M | 3,348 | $24.80 | A | 226,470 | D | |
| Common Stock | Aug 31, 2017 | S | 3,348 | $170.75 | D | 223,122 | D | |
| Common StockF3 | Aug 31, 2017 | M | 22,500 | $39.36 | A | 245,622 | D | |
| Common StockF4 | Aug 31, 2017 | S | 22,500 | $172.1833 | D | 223,122 | D | |
| Common StockF5 | Aug 31, 2017 | M | 5,000 | $47.20 | A | 228,122 | D | |
| Common Stock | Aug 31, 2017 | S | 5,000 | $171.40 | D | 223,122 | D | |
| Common StockF6 | Sep 1, 2017 | M | 481 | $54.45 | A | 223,603 | D | |
| Common Stock | Sep 1, 2017 | S | 481 | $173.00 | D | 223,122 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF7 | $54.45 | Aug 31, 2017 | M | 3,075 | D | — | Feb 11, 2023 | Common Stock | 3,075 | 196,925 | D |
| OptionF8 | $24.80 | Aug 31, 2017 | M | 3,348 | D | — | Jun 15, 2021 | Common Stock | 3,348 | 0 | D |
| OptionF9 | $39.36 | Aug 31, 2017 | M | 22,500 | D | — | Jun 15, 2022 | Common Stock | 22,500 | 4,960 | D |
| OptionF10 | $47.20 | Aug 31, 2017 | M | 5,000 | D | — | Dec 14, 2022 | Common Stock | 5,000 | 15,000 | D |
| OptionF11 | $54.45 | Sep 1, 2017 | M | 481 | D | — | Feb 11, 2023 | Common Stock | 481 | 196,444 | D |
Explanation of responses
- F1Acquired through the exercise of options.
- F10Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F11Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F2Acquired through the exercise of options.
- F3Acquired through the exercise of options.
- F4Reflects the average sales price for the reported transactions ($172.1833). The shares were sold in two transactions of 10,500 shares at a price of $171.25 and 12,000 shares at a price of $173.00.
- F5Acquired through the exercise of options.
- F6Acquired through the exercise of options.
- F7Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F8Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F9Option has graded vesting. Date exercisable will vary with each vesting tranche.