Donald R. Brattain - 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: 5/13/2021, 12:36 PM
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	+65.48%		1.9K	May 12, 2021	Direct	F1, F2
holding	TYL	Common Stock						5.42K	May 11, 2021	See footnote (2)	F2

Showing 1 to 2 of 2 entries

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	Options Exercise	$0	-753	-100%	$0.00^*	0	May 12, 2021	Common Stock	753		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Donald R. Brattain 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	Includes shares owned indirectly by the reporting person, as follows: (a) 2,762 shares held by Deephaven Enterprises, Inc., of which the reporting person is the sole shareholder; and (b) 2,660 shares held in an individual retirement account for the benefit of the reporting person's spouse.
F3	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.

Remarks:

The reporting person retired as a director of the Issuer effective May 11, 2021. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the equity securities of the Issuer and, therefore, will no longer report any such transactions on Form 4 or Form 5.