SEC Form 4 · accession 0001710879-18-000002
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Marr Jr.
Officer — CEO and Chairman of the Board · Director
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 1:02 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 | Mar 5, 2018 | M | 9,000 | $29.72 | A | 335,930 | I | See footnote (2) |
| Common StockF3 | Mar 5, 2018 | S | 9,000 | $208.12 | D | 326,930 | I | See footnote (3) |
| Common StockF4,F5 | Mar 5, 2018 | M | 10,000 | $47.20 | A | 336,930 | I | See footnote (5) |
| Common StockF6 | Mar 5, 2018 | S | 10,000 | $208.66 | D | 326,930 | I | See footnote (6) |
| Common StockF7 | Mar 6, 2018 | S | 5,000 | $211.43 | D | 321,930 | I | See footnote (7) |
| Common StockF8 | Mar 6, 2018 | S | 10,000 | $209.28 | D | 311,930 | I | See footnote (8) |
| Common StockF9,F10 | Mar 6, 2018 | M | 7,000 | $47.20 | A | 318,930 | I | See footnote (10) |
| Common StockF11 | Mar 6, 2018 | S | 7,000 | $208.80 | D | 311,930 | I | See footnote (11) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF12 | $29.72 | Mar 5, 2018 | M | 9,000 | D | — | Dec 15, 2021 | Common Stock | 9,000 | 0 | D |
| OptionF13 | $47.20 | Mar 5, 2018 | M | 10,000 | D | — | Dec 14, 2022 | Common Stock | 10,000 | 16,000 | D |
| OptionF14 | $47.20 | Mar 6, 2018 | M | 7,000 | D | — | Dec 14, 2022 | Common Stock | 7,000 | 9,000 | D |
Explanation of responses
- F1Acquired through the exercise of options.
- F10Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 228,930 shares owned directly; (b) 23,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 67,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F11Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 221,930 shares owned directly; (b) 23,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 67,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F12Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F13Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F14Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F2Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 230,930 shares owned directly; (b) 28,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 77,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F3Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 221,930 shares owned directly; (b) 28,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 77,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F4Acquired through the exercise of options.
- F5Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 231,930 shares owned directly; (b) 28,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 77,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F6Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 221,930 shares owned directly; (b) 28,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 77,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F7Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 221,930 shares owned directly; (b) 23,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 77,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F8Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 221,930 shares owned directly; (b) 23,000 shares owned indirectly, which are held in a descendant's trust in which Mr. Marr is deemed to have shared voting and/or dispositive power; and (c) 67,000 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities that are identified as owned indirectly except to the extent of his pecuniary interest therein.
- F9Acquired through the exercise of options.