Brenda A. Cline - 11 May 2022 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Role
Director
Signature
Randall G. Ray, attorney-in-fact
Issuer symbol
TYL
Transactions as of
11 May 2022
Transactions value $
$0
Form type
4
Filing time
13 May 2022, 12:24:24 UTC
Previous filing
05 Jan 2022
Next filing
12 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYL Common Stock Options Exercise +634 634 11 May 2022 Direct F1
holding TYL Common Stock 4K 11 May 2022 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 Options Exercise $0 -634 -100% $0.00* 0 11 May 2022 Common Stock 634 Direct F3, F4
transaction TYL Restricted Stock Units Award $0 +724 $0.00 724 12 May 2022 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 49% limited partner interest, and are the only limited partners, and each have 50% ownership and control of the sole general partner with a 2% general partner interest. 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 On May 11, 2021, the reporting person was granted 634 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.
F5 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.