SC 13G/A 1 par95768.txt SC 13G - AMENDMENT NO. 3 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________ SCHEDULE 13G (Amendment No. 3)* Tyler Technologies, Inc. __________________________ (Name of Issuer) Common Stock, par value $0.01 __________________________ (Title of Class of Securities) 902252105 __________________________ (CUSIP Number) December 31, 2002 __________________________ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [x] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ------------------------------------------------------------------------------- CUSIP No. 902252105 13G ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mr. Ulrich Otto ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP [ ] (a) [x] (b) ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Germany ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 3,866,378 BENEFICIALLY OWNED BY -------------------------------------------- EACH REPORTING 6 SHARED VOTING POWER PERSON WITH -------------------------------------------- 7 SOLE DISPOSITIVE POWER 3,866,378 -------------------------------------------- 8 SHARED DISPOSITIVE POWER ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,866,378 ------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.37% ------------------------------------------------------------------------------- 12 TYPE OR REPORTING PERSON IN ------------------------------------------------------------------------------- CUSIP No. 902252105 13G ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Otto Investments USA LLC ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP [ ] (a) [x] (b) ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED BY -------------------------------------------- EACH REPORTING 6 SHARED VOTING POWER PERSON 0 WITH -------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 ------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% ------------------------------------------------------------------------------- 12 TYPE OR REPORTING PERSON CO ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- CUSIP No. 902252105 13G ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Otto Industries Europe B.V. ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP [ ] (a) [x] (b) ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION The Netherlands ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED BY -------------------------------------------- EACH REPORTING 6 SHARED VOTING POWER PERSON 2,977,200 WITH -------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,977,200 ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,977,200 ------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.44% ------------------------------------------------------------------------------- TYPE OR REPORTING PERSON 12 CO ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- CUSIP No. 902252105 13G ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Inveco Investment Company Limited ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP [ ] (a) [x] (b) ------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands ------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED BY -------------------------------------------- EACH REPORTING 6 SHARED VOTING POWER PERSON 406,400 WITH -------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------- 8 SHARED DISPOSITIVE POWER 406,400 ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 406,400 ------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.88% ------------------------------------------------------------------------------- TYPE OR REPORTING PERSON 12 CO ------------------------------------------------------------------------------- Item 1(a). Name of Issuer. Tyler Technologies, Inc. Item 1(b). Address of Issuer's Principal Executive Offices. 2121 San Jacinto Street, Suite 3200 Dallas, Texas 75201. Item 2(a). Name of Person Filing. This statement is filed on behalf of the following persons (the "Reporting Persons"): (i) Mr. Ulrich Otto (ii) Otto Investments USA LLC (iii) Otto Industries Europe B.V. (iv) Inveco Investment Company Limited The Reporting Persons may be deemed a "group" under the Act because Mr. Ulrich Otto indirectly beneficially owns 100% of Otto Investment USA LLC, Otto Industries Europe B.V. and Inveco Investment Company Limited. However, neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that such a group exists. A Joint Filing Agreement among the Reporting Persons with respect to the filing of this Schedule 13G is attached hereto as Exhibit 1. Item 2(b). Address of Principal Business Office or, if None, Residence. The residence of Mr. Ulrich Otto is Avenue Vieira Souto 6200, APTO 1001, Rio de Janeiro, RJCEP, Brazil. The principal place of business of Otto Investments USA LLC is 12700 General Drive, P.O. Box 410251, Charlotte, NC 28241-0251, USA. The principal place of business of Otto Industries Europe B.V. is Vrijthof 50-51, 6211 LE, Maastricht, The Netherlands. The principal place of business of Inveco Investment Company Limited is Wickhams Cay, P.O. Box 146 Road Town, Tortola, British Virgin Islands. Item 2(c). Citizenship. The citizenship of each of the Reporting Persons is set forth on the cover page. Item 2(d). Title of Class of Securities. Common Stock, par value $0.01. Item 2(e). CUSIP Number. 902252105. Item 3. Not applicable as this Schedule is filed pursuant to Rule 13d-1(c). Item 4. Ownership. (a) Amount beneficially owned Mr. Ulrich Otto owns 482,778 shares of the Issuer's Common Stock for his own account, over which he has sole voting and dispositive power. As of December 31, 2002, Otto Investments USA LLC had transferred 2,977,200 shares of the Issuer's Common Stock to Otto Industries Europe B.V., thereby reducing to 0 the number of shares of the Issuer's Common Stock owned by Otto Investments USA LLC. Mr. Ulrich Otto indirectly beneficially owns 100% of Otto Investments USA LLC, Otto Industries Europe B.V. and of Inveco Investment Company Limited. As such, Mr. Ulrich Otto may be deemed the beneficial owner of the 2,977,200 shares of the Issuer's Common Stock owned by Otto Industries Europe B.V. and of the 406,400 shares of the Issuer's Common Stock owned by Inveco Investment Company Limited. Otto Industries Europe B.V. has shared voting and dispositive power over 2,977,200 shares of the Issuer's Common Stock. Inveco Investment Company has shared voting and dispositive power over 406,400 shares of the Issuer's Common Stock. (b) Percent of class: As of December 31 2002, Mr. Ulrich Otto was the beneficial owner of 8.37% of the outstanding Common Stock of the Issuer. As of December 31, 2002, Otto Industries Europe B.V. was the beneficial owner of 6.44% of the outstanding Common Stock of the Issuer. As of December 31, 2002, Inveco Investment Company Limited was the beneficial owner of 0.88% of the outstanding Common Stock of the Issuer. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 28, 2003 Mr. Ulrich Otto /s/ Ulrich Otto ____________________ Ulrich Otto Otto Investments USA LLC /s/ Luc Muller ______________________ By: Luc Muller Title: General Manager Otto Industries Europe B.V. /s/ Ulrich Otto ______________________ By: Ulrich Otto Title: President Directeur Inveco Investment Company Limited /s/John Pierce _______________________ By: John Pierce Title: Director Exhibit 1 Joint Filing Agreement The undersigned, Mr. Ulrich Otto, Otto Investments USA LLC, Otto Industries Europe B.V. and Inveco Investment Company Limited, hereby agree and acknowledge that the information required by this Schedule 13G, to which this Agreement is attached as an exhibit, is filed on behalf of each of them. The undersigned further agree that any further amendments or supplements hereto shall also be filed on behalf of each of them. Dated: February 28, 2003 Mr. Ulrich Otto /s/ Ulrich Otto ______________________ Ulrich Otto Otto Investments USA LLC /s/ Luc Muller ______________________ By: Luc Muller Title: General Manager Otto Industries Europe B.V. /s/ Ulrich Otto ______________________ By: Ulrich Otto Title: President Directeur Inveco Investment Company Limited /s/ John Pierce _______________________ By: John Pierce Title: Director