SEC Form 4 · accession 0001710879-18-000050
TYLER TECHNOLOGIES INC · TYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dustin R Womble
Director
Period of report
Aug 30, 2018
Accepted (ET)
Sep 4, 2018 · 6:02 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 | 6,060 | $39.36 | A | 184,182 | D | |
| Common StockF2 | Aug 30, 2018 | S | 6,060 | $245.6189 | D | 178,122 | D | |
| Common StockF3 | Aug 31, 2018 | M | 1,440 | $39.36 | A | 179,562 | D | |
| Common Stock | Aug 31, 2018 | S | 1,440 | $245.95 | D | 178,122 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF4 | $39.36 | Aug 30, 2018 | M | 6,060 | D | — | Jun 15, 2022 | Common Stock | 6,060 | 1,440 | D |
| OptionF5 | $39.36 | Aug 31, 2018 | P | 1,440 | D | — | Jun 15, 2022 | Common Stock | 1,440 | 0 | D |
Explanation of responses
- F1Acquired through the exercise of stock options.
- F2Reflects the average sales price for the reported transaction ($245.6189). The shares were sold in two transactions of 4,960 shares at a price of $245.4818 and 1,100 shares at a price of $246.2373.
- F3Acquired through the exercise of stock options.
- F4Option has graded vesting. Date exercisable will vary with each vesting tranche.
- F5Option has graded vesting. Date exercisable will vary with each vesting tranche.