J. Luther King Jr. - 12 May 2021 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Role
Director
Signature
/s/ J. Luther King, Jr.
Issuer symbol
TYL
Transactions as of
12 May 2021
Net transactions value
-$2,661
Form type
4
Filing time
12 May 2021, 17:37:46 UTC
Next filing
14 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise +753 +0.94% 80,767 12 May 2021 Direct F1
transaction TYL Common Stock Options Exercise $187,200 +5,000 +6.2% $37.44 85,767 12 May 2021 Direct F3
transaction TYL Common Stock Sale $187,888 -486 -0.57% $386.60 85,281 12 May 2021 Direct F4
transaction TYL Common Stock Options Exercise $324,750 +5,000 +5.9% $64.95 90,281 12 May 2021 Direct F5
transaction TYL Common Stock Sale $325,255 -839 -0.93% $387.67 89,442 12 May 2021 Direct F4
transaction TYL Common Stock Options Exercise $385,950 +5,000 +5.6% $77.19 94,442 12 May 2021 Direct F6
transaction TYL Common Stock Sale $386,773 -999 -1.1% $387.16 93,443 12 May 2021 Direct F4
transaction TYL Common Stock Options Exercise $605,550 +5,000 +5.4% $121.11 98,443 12 May 2021 Direct F7
transaction TYL Common Stock Sale $605,928 -1,563 -1.6% $387.67 96,880 12 May 2021 Direct F4
transaction TYL Common Stock Options Exercise $734,600 +5,000 +5.2% $146.92 101,880 12 May 2021 Direct F8
transaction TYL Common Stock Sale $734,427 -1,893 -1.9% $387.97 99,987 12 May 2021 Direct F4
transaction TYL Common Stock Options Exercise $835,700 +5,000 +5% $167.14 104,987 12 May 2021 Direct F9
transaction TYL Common Stock Sale $836,140 -2,155 -2.1% $388.00 102,832 12 May 2021 Direct F4
holding TYL Common Stock 61,179 12 May 2021 See footnote F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TYL Common Stock Options Exercise $0 -753 -100% $0.000000* 0 12 May 2021 Common Stock 753 Direct F1, F2
transaction TYL Common Stock Options Exercise $0 -5,000 -100% $0.000000* 0 12 May 2021 Common Stock 5,000 $37.44 Direct F11
transaction TYL Common Stock Options Exercise $0 -5,000 -100% $0.000000* 0 12 May 2021 Common Stock 5,000 $64.95 Direct F12
transaction TYL Common Stock Options Exercise $0 -5,000 -100% $0.000000* 0 12 May 2021 Common Stock 5,000 $77.19 Direct F13
transaction TYL Common Stock Options Exercise $0 -5,000 -100% $0.000000* 0 12 May 2021 Common Stock 5,000 $121.11 Direct F14
transaction TYL Common Stock Options Exercise $0 -5,000 -100% $0.000000* 0 12 May 2021 Common Stock 5,000 $146.92 Direct F15
transaction TYL Common Stock Options Exercise $0 -5,000 -100% $0.000000* 0 12 May 2021 Common Stock 5,000 $167.14 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

J. Luther King Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On May 12, 2020, Mr. King was granted 753 restricted stock units, which vested 100% on the first anniversary of the grant date and which were settled by the Issuer on such date, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan.
F3 Exercise of stock options granted to Mr. King on May 10, 2012.
F4 Shares sold to pay the exercise price of options.
F5 Exercise of stock options granted to Mr. King on May 9, 2013.
F6 Exercise of stock options granted to Mr. King on May 14, 2014.
F7 Exercise of stock options granted to Mr. King on May 12, 2015.
F8 Exercise of stock options granted to Mr. King on May 11, 2016.
F9 Exercise of stock options granted to Mr. King on May 10, 2017.
F10 Represents shares of common stock held by clients of Luther King Capital Management Corporation, an investment advisory firm controlled by Mr. King. Mr. King expressly disclaims beneficial ownership of such shares of common stock, except to the extent of his pecuniary interest therein.
F11 Option vested in equal installments beginning May 10, 2013.
F12 Option vested in equal installments beginning May 9, 2014.
F13 Options vested in equal installments beginning May 14, 2015.
F14 Options vested in equal installments beginning May 12, 2016.
F15 Options vested in equal installments beginning May 11, 2017.
F16 Options vested in equal installments beginning May 10, 2018.