Brenda A. Cline - May 11, 2021 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Role
Director
Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
May 11, 2021
Transactions value $
$0
Form type
4
Date filed
5/12/2021, 12:37 PM
Next filing
May 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise +753 +23.18% 4K May 12, 2021 Direct F1

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 Restricted Stock Units Award $0 +634 $0.00 634 May 11, 2021 Common Stock 634 Direct F2, F3
transaction TYL Restricted Stock Units Options Exercise $0 -753 -100% $0.00* 0 May 12, 2021 Common Stock 753 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F3 The restricted stock units vest 100% on the first anniversary of the date of grant and will be settled by the Issuer on such date, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan.
F4 On May 12, 2020, the reporting person was granted 753 restricted stock units, which vested 100% on the first anniversary of the grant date and were settled by the Issuer on such date, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan.