SEC Form 4 · accession 0001710879-18-000044
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian K Miller
Officer — Executive VP and CFO
Period of report
Aug 24, 2018
Accepted (ET)
Aug 28, 2018 · 6:40 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 24, 2018 | M | 10,360 | $100.43 | A | 62,775 | D | |
| Common StockF2 | Aug 24, 2018 | S | 10,360 | $241.321 | D | 52,415 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $100.43 | Aug 24, 2018 | M | 10,360 | D | — | Dec 13, 2013 | Common Stock | 10,360 | 8,840 | D |
Explanation of responses
- F1Acquired through the exercise of options.
- F2Reflects the average sales price for the reported transaction ($241.3210). The shares were sold in two transactions of 5,000 shares at a price of $241.5168 and 5,360 shares at a price of $241.1383.
- F3Option has graded vesting. Date exercisable will vary with each vesting tranche.