Brian K. Miller - Sep 7, 2021 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Role
Executive VP and CFO
Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
Sep 7, 2021
Transactions value $
-$697,357
Form type
4
Date filed
9/9/2021, 12:10 PM
Previous filing
Jul 2, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Gift $0 -11 -0.04% $0.00 26.4K Sep 7, 2021 Direct F1
transaction TYL Common Stock Options Exercise $514K +2.5K +9.47% $205.66 28.9K Sep 8, 2021 Direct F2
transaction TYL Common Stock Sale -$1.21M -2.5K -8.65% $484.60 26.4K Sep 8, 2021 Direct F3
holding TYL Common Stock 26.8K Sep 7, 2021 See footnote (4) F4

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 Option Options Exercise $0 -2.5K -8.32% $0.00 27.5K Sep 8, 2021 Common Stock 2.5K $205.66 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transfers were to fund charitable gifts.
F2 Applied through the exercise of options.
F3 Reflects the average sales price for the reported transaction. The shares were sold in multiple transactions. The reporting person will provide to the Commission, the issuer or any stockholder, upon request, full information regarding the number of shares sold at each separate price.
F4 Includes shares owned indirectly by the reporting person as follows: (a) 17,455 shares owned indirectly, which ae owned by a family trust for which the reporting person's spouse is the beneficiary and trustee; (b) 4,583 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee; and (c) 4,743 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee.
F5 Option has graded vesting. Date exercisable will vary with each vesting tranche.