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TYLER TECHNOLOGIES INC — Director's Dealing 2014
Oct 28, 2014
30230_dirs_2014-10-28_88a92f57-3d31-40be-b2e3-3b122eb42c3a.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: 2014-10-27
Reporting Person: WOMBLE DUSTIN R (Director, Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-10-27 | Common Stock | M | 1721 | — | Acquired | 207092 | Direct |
| 2014-10-27 | Common Stock | S | 1721 | $103.25 | Disposed | 205371 | Direct |
| 2014-10-28 | Common Stock | M | 37500 | — | Acquired | 242871 | Direct |
| 2014-10-28 | Common Stock | S | 37500 | $105.25 | Disposed | 205371 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-27 | Option | $12.26 | M | 1721 | Disposed | 2017-06-15 | Common Stock (1721) | Direct |
| 2014-10-28 | Option | $14.93 | M | 12500 | Disposed | 2017-12-14 | Common Stock (12500) | Direct |
| 2014-10-28 | Option | $14.98 | M | 25000 | Disposed | 2018-06-13 | Common Stock (25000) | Direct |
Footnotes
F1: Acquired through the exercise of stock options with an exercise price of $12.26 per share.
F2: Includes 150 shares held in a trust for the benefit of Mr. Womble's minor children, a trust in which Mr. Womble is deemed to have sole voting and investment power.
F3: 37,500 shares were acquired as follows: (a) 12,500 shares acquired through the exercise of stock options with an exercise price of $14.93 per share; and (b) 25,000 shares acquired through the exercise of stock options with an exercise price of $14.98 per share.
F4: Grant has a graded vesting schedule from June 15, 2008 through June 15, 2012. Date exercisable will vary for each vesting tranche.
F5: Grant has a graded vesting schedule from December 14, 2008 through December 14, 2012. Date exercisable will vary for each vesting tranche.
F6: Grant has a graded vesting schedule from June 13, 2009 through June 13, 2013. Date exercisable will vary with each vesting tranche.