TYLER TECHNOLOGIES INC — Director's Dealing 2023

Nov 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2023-11-15

Reporting Person: MARR JOHN S JR (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-15	Common Stock	M	10000	$192.76	Acquired	16400	Direct
2023-11-15	Common Stock	S	908	$417.1963	Disposed	15492	Direct
2023-11-15	Common Stock	S	1817	$418.1646	Disposed	13675	Direct
2023-11-15	Common Stock	S	4296	$419.0703	Disposed	9379	Direct
2023-11-15	Common Stock	S	996	$420.1925	Disposed	8383	Direct
2023-11-15	Common Stock	S	980	$421.0847	Disposed	7403	Direct
2023-11-15	Common Stock	S	801	$422.1379	Disposed	6602	Direct
2023-11-15	Common Stock	S	202	$423.2979	Disposed	6400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-15	Option	$192.76	M	10000	Disposed	2028-12-01	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57888	Indirect

Footnotes

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 $416.64 to a high of $417.63 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 $417.69 to a high of $418.685 per share, inclusive.

F4: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $418.71 to a high of $419.69 per share, inclusive.

F5: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $419.78 to a high of $420.73 per share, inclusive.

F6: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $420.78 to a high of $421.37 per share, inclusive.

F7: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $421.915 to a high of $422.68 per share, inclusive.

F8: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $423.23 to a high of $423.59 per share, inclusive.

F9: Includes shares owned indirectly by the reporting person, as follows: (a) 5,650 shares owned indirectly, which are held in two trusts for which family members are beneficiaries and for which Mr. Marr is a co-trustee and is deemed to have shared voting and dispositive power, (b) 12,738 shares owned indirectly, which are held in a revocable trust established by Mr. Marr's wife in which Mr. Marr's children are the beneficiaries and for which Mr. Marr is a co-trustee, and (c) 39,500 shares owned indirectly, which are held in a partnership in which Mr. Marr is the general partner (the partnership is owned 99% by a trust in which Mr. Marr's children are the beneficiaries and 1% by the general partner). The reporting person disclaims beneficial ownership of the securities identified as owned indirectly except to the extent of his pecuniary interest therein.

F10: Option has graded vesting. Dates exercisable will vary with each vesting tranche.