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TYLER TECHNOLOGIES INC — Director's Dealing 2013
Dec 16, 2013
30230_dirs_2013-12-16_6d3447d1-2899-4ed5-bc24-86d1abb29430.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2013-12-13
Reporting Person: MARR JOHN S JR (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-13 | Tyler Technologies Common Stock | G | 2000 | $100.43 | Disposed | 448592 | Direct |
| 2013-12-13 | Tyler Technologies Common Stock | M | 26594 | $7.52 | Acquired | 475186 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-13 | Option | $7.52 | M | 26594 | Disposed | 2015-07-26 | Tyler Technologies Common Stock (26594) | Direct |
| 2013-12-13 | Option | $100.43 | A | 28800 | Acquired | 2023-12-13 | Tyler Technologies Common Stock (28800) | Direct |
Footnotes
F1: Includes indirect ownership of: (a) 43,000 shares held in a descendant's trust in which Mr. Marr is deemed to have shared voting power; and (b) 135,777 shares held in a partnership in which Mr. Marr is the general partner and is deemed to have sole voting and investment power. The partnership is owned 99% by a trust, in which Mr. Marr's children are the beneficiaries, and 1% by the general partner.
F2: Acquired through the exercise of stock options with an exercise price of $7.52 per share.
F3: Options vested at 20,000 per year from July 26, 2006 through July 26, 2010
F4: Options vest as follows: 5,760 on each of December 13, 2014, 2015, 2016,2017, and 2018.