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TYLER TECHNOLOGIES INC — Director's Dealing 2024
May 16, 2024
30230_dirs_2024-05-16_370ac8dc-b06b-4d15-bba6-392e7faa53d8.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: 2024-05-14
Reporting Person: MARR JOHN S JR (Director, Executive Chair of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-14 | Common Stock | M | 6000 | $205.66 | Acquired | 12983 | Direct |
| 2024-05-14 | Common Stock | S | 21 | $480.67 | Disposed | 12962 | Direct |
| 2024-05-14 | Common Stock | S | 2600 | $482.0969 | Disposed | 10362 | Direct |
| 2024-05-14 | Common Stock | S | 1300 | $483.0135 | Disposed | 9062 | Direct |
| 2024-05-14 | Common Stock | S | 1202 | $483.97 | Disposed | 7860 | Direct |
| 2024-05-14 | Common Stock | S | 477 | $485.4521 | Disposed | 7383 | Direct |
| 2024-05-14 | Common Stock | S | 400 | $486.24 | Disposed | 6983 | Direct |
| 2024-05-15 | Common Stock | M | 6000 | $205.66 | Acquired | 12983 | Direct |
| 2024-05-15 | Common Stock | S | 120 | $486.7492 | Disposed | 12863 | Direct |
| 2024-05-15 | Common Stock | S | 1300 | $487.8823 | Disposed | 11563 | Direct |
| 2024-05-15 | Common Stock | S | 822 | $489.2343 | Disposed | 10741 | Direct |
| 2024-05-15 | Common Stock | S | 600 | $490.18 | Disposed | 10141 | Direct |
| 2024-05-15 | Common Stock | S | 2450 | $491.3284 | Disposed | 7691 | Direct |
| 2024-05-15 | Common Stock | S | 708 | $492.162 | Disposed | 6983 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-14 | Option | $205.66 | M | 6000 | Disposed | 2028-02-26 | Common Stock (6000) | Direct |
| 2024-05-15 | Option | $205.66 | M | 6000 | Disposed | 2028-02-26 | Common Stock (6000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 51388 | 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 $480.52 to a high of $480.97 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 $481.65 to a high of $482.54 per share, inclusive.
F4: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $482.65 to a high of $483.525 per share, inclusive.
F5: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $483.66 to a high of $484.64 per share, inclusive.
F6: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $484.98 to a high of $485.85 per share, inclusive.
F7: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $486.08 to a high of $486.49 per share, inclusive.
F8: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $486.19 to a high of $486.915 per share, inclusive.
F9: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $487.35 to a high of $488.34 per share, inclusive.
F10: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $488.80 to a high of $489.76 per share, inclusive.
F11: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $489.81 to a high of $490.42 per share, inclusive.
F12: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $490.85 to a high of $491.67 per share, inclusive.
F13: Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $491.85 to a high of $492.49 per share, inclusive.
F14: 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) 33,000 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.
F15: Option has graded vesting. Dates exercisable will vary with each vesting tranche.