Brian K. Miller - Nov 12, 2021 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
Nov 12, 2021
Transactions value $
-$858,222
Form type
4
Date filed
11/16/2021, 10:55 AM
Previous filing
Nov 12, 2021
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise $517K +2.51K +9.65% $205.66 28.6K Nov 12, 2021 Direct F1
transaction TYL Common Stock Sale -$1.38M -2.51K -8.8% $547.04 26.1K Nov 12, 2021 Direct
holding TYL Common Stock 26.8K Nov 12, 2021 See footnote (2) F2

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 -2.51K -14.33% $0.00 15K Nov 12, 2021 Common Stock 2.51K $205.66 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired through the exercise of options.
F2 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.
F3 Option has graded vesting. Date exercisable will vary with each vesting tranche.