SEC Form 4 · accession 0001710879-18-000049
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
Aug 30, 2018
Accepted (ET)
Sep 4, 2018 · 4:28 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 | Aug 30, 2018 | M | 9,200 | $68.17 | A | 67,147 | D | |
| Common StockF2 | Aug 30, 2018 | S | 9,200 | $245.2657 | D | 57,947 | D | |
| Common StockF3 | Aug 31, 2018 | M | 10,000 | $68.17 | A | 67,947 | D | |
| Common StockF4 | Aug 31, 2018 | S | 10,000 | $246.9019 | D | 57,947 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF5 | $68.17 | Aug 30, 2018 | M | 9,200 | D | — | Jun 14, 2023 | Common Stock | 9,200 | 10,000 | D |
| OptionF6 | $68.17 | Aug 31, 2018 | M | 10,000 | D | — | Jun 14, 2023 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Acquired through the exercise of stock options.
- F2Reflects the average sales price for the reported transaction ($245.2657). The shares were sold in two transactions of 6,000 shares at a price of $245.5539 and 3,200 shares at a price of $244.7254.
- F3Acquired through the exercise of stock options.
- F4Reflects the average sales price for the reported transaction ($246.9019). The shares were sold in two transactions of 5,000 shares at a price of $247.5247 and 5,000 shares at a price of $246.2790.
- F5Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F6Option has graded vesting. Date exercisable will vary with each vesting tranche.