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TYLER TECHNOLOGIES INC — Director's Dealing 2013
Nov 20, 2013
30230_dirs_2013-11-20_0c8a6b48-41d2-4e6c-9e05-9cbd0caec97f.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: 2013-11-18
Reporting Person: MARR JOHN S JR (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-18 | Tyler Technologies Common Stock | M | 30000 | $14.98 | Acquired | 527971 | Direct |
| 2013-11-18 | Tyler Technologies Common Stock | S | 30000 | $98.03 | Disposed | 497971 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-18 | Option | $14.98 | M | 30000 | Disposed | 2018-06-13 | Tyler Technologies Common Stock (30000) | Direct |
Footnotes
F1: Acquired through the exercise of stock options with an exercise price of $14.98 per share.
F2: Includes indirect ownership of: (a) 43,000 shares held in a descendants' 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.
F3: Options vested at 6,000 per year from June 13, 2009 through June 13, 2013