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TYLER TECHNOLOGIES INC — Director's Dealing 2024
May 1, 2024
30230_dirs_2024-05-01_3b9ff403-0e14-435e-8c83-54ff4a3bc66a.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: 2024-04-29
Reporting Person: Cline Brenda A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-29 | Common Stock | M | 5000 | $146.92 | Acquired | 6358 | Direct |
| 2024-04-29 | Common Stock | S | 697 | $458.1054 | Disposed | 5661 | Direct |
| 2024-04-29 | Common Stock | S | 4303 | $458.95 | Disposed | 1358 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-29 | Option | $146.92 | M | 5000 | Disposed | 2026-05-11 | Common Stock (5000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4002 | 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 $457.43 to a high of $458.36 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 $458.515 to a high of $459.46 per share, inclusive.
F4: 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 44% limited partner interest, and each have 50% ownership and control of the sole general partner with a 2% general partner interest. The remaining limited partner interests are owned by the reporting person's sons. The reporting person disclaims beneficial ownership of the shares except to the extent of her pecuniary interest therein.
F5: Option has graded vesting. Dates exercisable will vary with each vesting tranche.