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TYLER TECHNOLOGIES INC — Director's Dealing 2021
May 12, 2021
30230_dirs_2021-05-12_aef49e9b-83fd-4e13-b308-a3aca2ef83fc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2021-05-12
Reporting Person: King Luther Jr (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-12 | Common Stock | M | 753 | — | Acquired | 80767 | Direct |
| 2021-05-12 | Common Stock | M | 5000 | $37.44 | Acquired | 85767 | Direct |
| 2021-05-12 | Common Stock | S | 486 | $386.6 | Disposed | 85281 | Direct |
| 2021-05-12 | Common Stock | M | 5000 | $64.95 | Acquired | 90281 | Direct |
| 2021-05-12 | Common Stock | S | 839 | $387.67 | Disposed | 89442 | Direct |
| 2021-05-12 | Common Stock | M | 5000 | $77.19 | Acquired | 94442 | Direct |
| 2021-05-12 | Common Stock | S | 999 | $387.16 | Disposed | 93443 | Direct |
| 2021-05-12 | Common Stock | M | 5000 | $121.11 | Acquired | 98443 | Direct |
| 2021-05-12 | Common Stock | S | 1563 | $387.67 | Disposed | 96880 | Direct |
| 2021-05-12 | Common Stock | M | 5000 | $146.92 | Acquired | 101880 | Direct |
| 2021-05-12 | Common Stock | S | 1893 | $387.97 | Disposed | 99987 | Direct |
| 2021-05-12 | Common Stock | M | 5000 | $167.14 | Acquired | 104987 | Direct |
| 2021-05-12 | Common Stock | S | 2155 | $388 | Disposed | 102832 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-12 | Common Stock | $ | M | 753 | Disposed | Common Stock (753) | Direct | |
| 2021-05-12 | Common Stock | $37.44 | M | 5000 | Disposed | 2022-05-10 | Common Stock (5000) | Direct |
| 2021-05-12 | Common Stock | $64.95 | M | 5000 | Disposed | 2023-05-09 | Common Stock (5000) | Direct |
| 2021-05-12 | Common Stock | $77.19 | M | 5000 | Disposed | 2024-05-14 | Common Stock (5000) | Direct |
| 2021-05-12 | Common Stock | $121.11 | M | 5000 | Disposed | 2025-05-12 | Common Stock (5000) | Direct |
| 2021-05-12 | Common Stock | $146.92 | M | 5000 | Disposed | 2026-05-11 | Common Stock (5000) | Direct |
| 2021-05-12 | Common Stock | $167.14 | M | 5000 | Disposed | 2027-05-10 | Common Stock (5000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 61179 | Indirect |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: On May 12, 2020, Mr. King was granted 753 restricted stock units, which vested 100% on the first anniversary of the grant date and which were settled by the Issuer on such date, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan.
F3: Exercise of stock options granted to Mr. King on May 10, 2012.
F4: Shares sold to pay the exercise price of options.
F5: Exercise of stock options granted to Mr. King on May 9, 2013.
F6: Exercise of stock options granted to Mr. King on May 14, 2014.
F7: Exercise of stock options granted to Mr. King on May 12, 2015.
F8: Exercise of stock options granted to Mr. King on May 11, 2016.
F9: Exercise of stock options granted to Mr. King on May 10, 2017.
F10: Represents shares of common stock held by clients of Luther King Capital Management Corporation, an investment advisory firm controlled by Mr. King. Mr. King expressly disclaims beneficial ownership of such shares of common stock, except to the extent of his pecuniary interest therein.
F11: Option vested in equal installments beginning May 10, 2013.
F12: Option vested in equal installments beginning May 9, 2014.
F13: Options vested in equal installments beginning May 14, 2015.
F14: Options vested in equal installments beginning May 12, 2016.
F15: Options vested in equal installments beginning May 11, 2017.
F16: Options vested in equal installments beginning May 10, 2018.