Brian K. Miller - Feb 26, 2022 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
Feb 26, 2022
Transactions value $
-$260,532
Form type
4
Date filed
3/1/2022, 03:15 PM
Previous filing
Mar 1, 2022
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise +2.4K +9.68% 27.2K Feb 26, 2022 Direct F1
transaction TYL Common Stock Tax liability -$261K -606 -2.23% $429.92 26.6K Feb 26, 2022 Direct
holding TYL Common Stock 26.8K Feb 26, 2022 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 Restricted Stock Unit Options Exercise $0 -2.4K -50% $0.00 2.4K Feb 26, 2022 Common Stock 2.4K Direct F1, F3
* 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-on-one basis.
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 On May 9, 2018, the reporting person was granted 36,000 restricted stock units, to vest in equal installments on the first, second, third, fourth and fifth anniversaries of the vesting commencement date of February 26, 2018 and settled by the issuer on the respective anniversary dates, subject to the terms and conditions of the issuer's 2018 Stock Incentive Plan.