H. Lynn Moore Jr - Mar 1, 2023 Form 4/A - Amendment Insider Report for TYLER TECHNOLOGIES INC (TYL)

Role
President and CEO, Director
Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
Mar 1, 2023
Transactions value $
-$257,040
Form type
4/A - Amendment
Date filed
3/8/2023, 10:44 AM
Date Of Original Report
Mar 3, 2023
Previous filing
Feb 28, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise +2.05K +2.32% 90.7K Mar 1, 2023 Direct F1, F2
transaction TYL Common Stock Tax liability -$257K -803 -0.89% $320.10 89.9K Mar 1, 2023 Direct F3

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 Performance-Based Restricted Stock Unit Options Exercise $0 -2.05K -100% $0.00* 0 Mar 1, 2023 Common Stock 2.05K Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance-based restricted stock units convert into common stock on a one-on-one basis.
F2 In the original filing, the number of performance-based restricted stock units that vested and settled in shares of issuer common stock was incorrectly reported as 2,400. (The amount of securities beneficially owned thereafter was, however, correctly reported.)
F3 In the original filing, the number of shares netted for taxes was incorrectly reported as 808. (The amount of securities beneficially owned thereafter was, however, correctly reported.)
F4 On March 1, 2020, the reporting person was granted performance-based restricted stock units based upon cumulative revenue growth over a three-year period ending on December 31, 2022 and continued employment through March 1, 2023. The number of vested units settled by the issuer in issuer common stock on such date reflects actual performance equal to 120% of target performance (whereas the number of units originally reported in connection with the grant reflected assumed target performance).