SEC Form 4 · accession 0001710879-19-000004
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
May 9, 2018
Accepted (ET)
Feb 28, 2019 · 5:58 pm EST
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 | Feb 26, 2019 | M | 2,400 | — | A | 47,310 | D | |
| Common Stock | Feb 26, 2019 | F | 1,455 | $205.50 | D | 45,855 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | May 9, 2018 | A | 12,000 | A | — | — | Common Stock | 12,000 | 12,000 | D |
| Restricted Stock UnitF1,F3 | — | Feb 26, 2019 | M | 2,400 | D | — | — | Common Stock | 2,400 | 9,600 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-to-one basis.
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F3On May 9, 2018, the reporting person was granted 12,000 restricted stock units, which vest in equal installments on the first, second, third, fourth, and fifth anniversaries of the vesting commencement date of February 26, 2018, and which will be settled by the Issuer on the respective anniversary dates, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan. (The grant was disclosed in the Issuer's Current Report on Form 8-K filed with the Commission on March 9, 2018 and in the Issuer's 2018 Proxy Statement, contingent upon the stockholders' adoption of the 2018 Stock Incentive Plan, which occurred on Mary 9, 2018.)