Brenda A. Cline - Apr 29, 2024 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Role
Director
Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
Apr 29, 2024
Transactions value $
-$1,559,561
Form type
4
Date filed
5/1/2024, 05:29 PM
Previous filing
May 12, 2023
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise $735K +5K +368.19% $146.92 6.36K Apr 29, 2024 Direct F1
transaction TYL Common Stock Sale -$319K -697 -10.96% $458.11 5.66K Apr 29, 2024 Direct F2
transaction TYL Common Stock Sale -$1.97M -4.3K -76.01% $458.95 1.36K Apr 29, 2024 Direct F3
holding TYL Common Stock 4K Apr 29, 2024 See footnote(4) F4

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 -100% $0.00* 0 Apr 29, 2024 Common Stock 5K $146.92 Direct F5
* 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 stock options.
F2 Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $457.43 to a high of $458.36 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 $458.515 to a high of $459.46 per share, inclusive.
F4 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.
F5 Option has graded vesting. Dates exercisable will vary with each vesting tranche.