Jeffrey David Puckett - May 11, 2021 Form 3 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Role
Chief Operating Officer
Signature
Randall G. Ray, attorney-in-fact
Stock symbol
TYL
Transactions as of
May 11, 2021
Transactions value $
$0
Form type
3
Date filed
5/21/2021, 04:57 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TYL Common Stock 3.29K May 11, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TYL Option May 11, 2021 Common Stock 3K $47.20 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.25K $68.17 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.25K $100.43 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.25K $81.21 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.25K $108.81 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.25K $121.05 Direct F1
holding TYL Option May 11, 2021 Common Stock 6.25K $176.80 Direct F1
holding TYL Option May 11, 2021 Common Stock 8.5K $154.85 Direct F1
holding TYL Option May 11, 2021 Common Stock 8.5K $143.42 Direct F1
holding TYL Option May 11, 2021 Common Stock 5K $171.44 Direct F1
holding TYL Option May 11, 2021 Common Stock 5K $181.79 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.5K $231.68 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.5K $192.76 Direct F1
holding TYL Performance-based Restricted Stock Unit May 11, 2021 Common Stock 1.5K Direct F2, F3
holding TYL Option May 11, 2021 Common Stock 2.5K $213.35 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.5K $290.17 Direct F1
holding TYL Performance-based Restricted Stock Unit May 11, 2021 Common Stock 2K Direct F3, F4
holding TYL Option May 11, 2021 Common Stock 2.5K $375.85 Direct F1
holding TYL Option May 11, 2021 Common Stock 2.5K $432.12 Direct F1
holding TYL Performance-based Restricted Stock Unit May 11, 2021 Common Stock 471 Direct F3, F5
holding TYL Performance-based Restricted Stock Unit May 11, 2021 Common Stock 2.35K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option has graded vesting. Date exercisable will vary with each vesting tranche.
F2 Vesting is subject to the issuer's achievement of long-term performance goals based upon cumulative revenue growth over the three-year performance period ending December 31, 2021 and continued employment through March 1, 2022. The number of vested restricted stock units will be settled by the issuer in issuer common stock on such date. The stated number of restricted stock units awarded reflects target performance. Depending on actual performance during the performance period, the actual number of restricted stock units vesting may range from 0% to 120% of the number of restricted stock units awarded.
F3 Each performance-based restricted stock unit represents a contingent right to receive one share of issuer common stock.
F4 Vesting is subject to the issuer's achievement of long-term performance goals based upon cumulative revenue growth over the three-year performance period ending December 31, 2022 and continued employment through March 1, 2023. The number of vested restricted stock units will be settled by the issuer in issuer common stock on such date. The stated number of restricted stock units awarded reflects target performance. Depending on actual performance during the performance period, the actual number of restricted stock units vesting may range from 0% to 120% of the number of restricted stock units awarded.
F5 Vesting is subject to the issuer's achievement of short-term performance goals based upon non-GAAP earnings per share for the one-year performance period ending December 31, 2021 and continued employment through March 1, 2022. The number of vested restricted stock units will be settled by the Issuer in issuer common stock on such date. The stated number of restricted stock units awarded reflects target performance. Depending on actual performance during the performance period, the actual number of restricted stock units vested may range from 0% to 175% of the number of restricted stock units awarded.
F6 Vesting is subject to the issuer's achievement of long-term performance goals based upon cumulative recurring revenue growth over the three-year performance period ending December 31, 2023 and continued employment through March 1, 2024. The number of vested restricted stock units will be settled by the issuer in issuer common stock on such date. The stated number of restricted stock units awarded reflects target performance. Depending on actual performance during the performance period, the actual number of restricted stock units vesting may range from 0% to 150% of the number of restricted stock units awarded.