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TYLER TECHNOLOGIES INC — Director's Dealing 2023
Mar 8, 2023
30230_dirs_2023-03-08_f747f8e7-d8d8-4f24-8cc0-7694a38de79d.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2023-03-01
Reporting Person: MOORE H LYNN JR (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-01 | Common Stock | M | 2054 | — | Acquired | 90708.4097 | Direct |
| 2023-03-01 | Common Stock | F | 803 | $320.1 | Disposed | 89905.4097 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-01 | Performance-Based Restricted Stock Unit | $ | M | 2054 | Disposed | Common Stock (2054) | Direct |
Footnotes
F1: Performance-based restricted stock units convert into common stock on a one-on-one basis.
F2: In the original filing, the number of performance-based restricted stock units that vested and settled in shares of issuer common stock was incorrectly reported as 2,400. (The amount of securities beneficially owned thereafter was, however, correctly reported.)
F3: In the original filing, the number of shares netted for taxes was incorrectly reported as 808. (The amount of securities beneficially owned thereafter was, however, correctly reported.)
F4: On March 1, 2020, the reporting person was granted performance-based restricted stock units based upon cumulative revenue growth over a three-year period ending on December 31, 2022 and continued employment through March 1, 2023. The number of vested units settled by the issuer in issuer common stock on such date reflects actual performance equal to 120% of target performance (whereas the number of units originally reported in connection with the grant reflected assumed target performance).