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TYL Tyler Technologies Corp

469.00
4.54 (0.98%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tyler Technologies Corp NYSE:TYL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  4.54 0.98% 469.00 471.53 464.15 470.00 176,465 01:00:00

Initial Statement of Beneficial Ownership (3)

21/05/2021 9:58pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Puckett Jeffrey David
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/11/2021 

3. Issuer Name and Ticker or Trading Symbol

TYLER TECHNOLOGIES INC [TYL]
(Last)        (First)        (Middle)

5101 TENNYSON PARKWAY
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Operating Officer /
(Street)

PLANO, TX 75024      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3291 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option  (1)12/14/2022 Common Stock 3000 $47.2 D  
Option  (1)6/14/2023 Common Stock 2250 $68.17 D  
Option  (1)12/13/2023 Common Stock 2250 $100.43 D  
Option  (1)6/13/2024 Common Stock 2250 $81.21 D  
Option  (1)12/15/2024 Common Stock 2250 $108.81 D  
Option  (1)6/1/2025 Common Stock 2250 $121.05 D  
Option  (1)12/1/2025 Common Stock 6250 $176.8 D  
Option  (1)6/1/2026 Common Stock 8500 $154.85 D  
Option  (1)12/1/2026 Common Stock 8500 $143.42 D  
Option  (1)6/1/2027 Common Stock 5000 $171.44 D  
Option  (1)12/1/2027 Common Stock 5000 $181.79 D  
Option  (1)6/1/2028 Common Stock 2500 $231.68 D  
Option  (1)12/1/2028 Common Stock 2500 $192.76 D  
Performance-based Restricted Stock Unit  (2) (2)Common Stock 1500  (3)D  
Option  (1)6/1/2029 Common Stock 2500 $213.35 D  
Option  (1)12/1/2029 Common Stock 2500 $290.17 D  
Performance-based Restricted Stock Unit  (4) (4)Common Stock 2000  (3)D  
Option  (1)6/1/2030 Common Stock 2500 $375.85 D  
Option  (1)12/1/2030 Common Stock 2500 $432.12 D  
Performance-based Restricted Stock Unit  (5) (5)Common Stock 471  (3)D  
Performance-based Restricted Stock Unit  (6) (6)Common Stock 2350  (3)D  

Explanation of Responses:
(1) Option has graded vesting. Date exercisable will vary with each vesting tranche.
(2) 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.
(3) Each performance-based restricted stock unit represents a contingent right to receive one share of issuer common stock.
(4) 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.
(5) 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.
(6) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Puckett Jeffrey David
5101 TENNYSON PARKWAY
PLANO, TX 75024


Chief Operating Officer

Signatures
Randall G. Ray, attorney-in-fact5/21/2021
**Signature of Reporting PersonDate

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