Brian K. Miller - Feb 26, 2024 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
Feb 26, 2024
Transactions value $
-$1,148,214
Form type
4
Date filed
2/28/2024, 04:20 PM
Previous filing
Dec 19, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise $1.07M +5K +34.22% $213.35 19.6K Feb 26, 2024 Direct F1
transaction TYL Common Stock Sale -$557K -1.26K -6.43% $441.61 18.3K Feb 26, 2024 Direct F2
transaction TYL Common Stock Sale -$770K -1.74K -9.48% $442.80 16.6K Feb 26, 2024 Direct F3
transaction TYL Common Stock Sale -$666K -1.5K -9.03% $443.86 15.1K Feb 26, 2024 Direct F4
transaction TYL Common Stock Sale -$222K -500 -3.31% $444.54 14.6K Feb 26, 2024 Direct F5
holding TYL Common Stock 26.8K Feb 26, 2024 See footnote (6) F6

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 -5K -66.67% $0.00 2.5K Feb 26, 2024 Common Stock 5K $213.35 Direct F7
* 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 Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $441.05 to a high of $442.03 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth with respect to this transaction and all sale transactions reported in this Form 4.
F3 Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $442.28 to a high of $443.255 per share, inclusive.
F4 Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $443.39 to a high of $444.34 per share, inclusive.
F5 Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $444.445 to a high of $444.77 per share, inclusive.
F6 Includes shares owned indirectly by the reporting person as follows: (a) 17,455 shares owned indirectly, which are 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.
F7 Option has graded vesting. Dates exercisable will vary with each vesting tranche.