SEC Form 4 · accession 0001710879-18-000018
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Lynn Moore Jr.
Officer — President and CEO · Director
Period of report
May 15, 2018
Accepted (ET)
May 16, 2018 · 3:28 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 | May 14, 2018 | M | 10,000 | $47.20 | A | 65,335 | D | |
| Common StockF2 | May 14, 2018 | S | 10,000 | $229.39 | D | 55,335 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $47.20 | May 14, 2018 | M | 10,000 | D | — | Dec 14, 2022 | Common Stock | 10,000 | 14,000 | D |
Explanation of responses
- F1Acquired through the exercise of options.
- F2Reflects the average sales price for the reported transaction ($229.39). The shares were sold in two transactions of 4,000 shares at a price of $229.34 and 6,000 shares at a price of $229.43.
- F3Option has graded vesting. Date exercisable will vary with each vesting tranche.