Brenda A. Cline - May 11, 2023 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, 2023
Transactions value $
$0
Form type
4
Date filed
5/12/2023, 04:21 PM
Previous filing
May 12, 2023
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise +724 +114.2% 1.36K May 12, 2023 Direct F1
holding TYL Common Stock 4K May 11, 2023 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 Units Award $0 +643 $0.00 643 May 11, 2023 Common Stock 643 Direct F3, F4
transaction TYL Restricted Stock Units Options Exercise $0 -724 -100% $0.00* 0 May 12, 2023 Common Stock 724 Direct F3, F5
* 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-for-one basis.
F2 Includes 4,002 shares owned indirectly by the reporting person, which are held by a family limited partnership in which the reporting person and her husband each own a 44% limited partner interest, and each have 50% ownership and control of the sole general partner with a 2% general partner interest. The remaining limited partner interests are owned by the reporting person's sons. The reporting person disclaims beneficial ownership of the shares except to the extent of her pecuniary interest therein.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F4 The restricted stock units vest 100% on the first anniversary of the date of grant and will be settled by the Issuer on such date, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan.
F5 On May 12, 2022, the reporting person was granted 724 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.