SEC Form 4 · accession 0001710879-18-000048

TYLER TECHNOLOGIES INC · TYL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

John S Marr Jr.

Officer — Executive Chairman · Director

Period of report

Aug 29, 2018

Accepted (ET)

Aug 31, 2018 · 5:40 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 Stock^F1,F2	Aug 29, 2018	M	6,460	$39.36	A	303,390	I	See footnote (2)
Common Stock^F3	Aug 29, 2018	S	6,460	$244.1285	D	296,930	I	See footnote (3)
Common Stock^F4,F5	Aug 29, 2018	M	12,000	$54.45	A	308,930	I	See footnote (5)
Common Stock^F6	Aug 29, 2018	S	12,000	$243.9518	D	296,930	I	See footnote (6)
Common Stock^F7,F8	Aug 30, 2018	M	12,000	$54.45	A	308,930	I	See footnote (8)
Common Stock^F9	Aug 30, 2018	S	12,000	$245.2363	D	296,930	I	See footnote (9)

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option^F10	$39.36	Aug 29, 2018	M	6,460	D	—	Jun 15, 2022	Common Stock	6,460	2,540	D
Option^F11	$54.45	Aug 29, 2018	M	12,000	D	—	Feb 11, 2023	Common Stock	12,000	188,000	D
Option^F12	$54.45	Aug 30, 2018	M	12,000	D	—	Feb 11, 2023	Common Stock	12,000	176,000	D

Explanation of responses

F1Acquired through the exercise of stock 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.
F12Option 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) 228,390 shares owned directly; (b) 15,500 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) 59,500 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) 15,500 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) 59,500 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 stock options.
F5Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 233,930 shares owned directly; (b) 15,500 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) 59,500 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) 15,500 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) 59,500 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.
F7Acquired through the exercise of stock options.
F8Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 233,930 shares owned directly; (b) 15,500 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) 59,500 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.
F9Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 221,930 shares owned directly; (b) 15,500 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) 59,500 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.