BRIAN K. MILLER - 12 Nov 2021 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Signature
Randall G. Ray, attorney-in-fact
Issuer symbol
TYL
Transactions as of
12 Nov 2021
Transactions value $
-$858,222
Form type
4
Filing time
16 Nov 2021, 10:55:11 UTC
Previous filing
12 Nov 2021
Next filing
06 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise $517,029 +2,514 +9.7% $205.66 28,565 12 Nov 2021 Direct F1
transaction TYL Common Stock Sale -$1,375,251 -2,514 -8.8% $547.04 26,051 12 Nov 2021 Direct
holding TYL Common Stock 26,781 12 Nov 2021 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 Option Options Exercise $0 -2,514 -14% $0 15,028 12 Nov 2021 Common Stock 2,514 $205.66 Direct F3
* 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 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 Option has graded vesting. Date exercisable will vary with each vesting tranche.