Form Type: 4

SEC EDGAR Link
Accession Number:0001240085-21-000004
Date:2021-02-17
Issuer: TYLER TECHNOLOGIES INC (TYL)
Original Submission Date:

Reporting Person:

MARR JOHN S JR
370 US ROUTE 1
PALMOUTH, ME 04105

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-02-17 M 15,000 a $121.05 107,753 direct
COMMON STOCK 2021-02-17 S 15,000 d $466.40 92,753 direct
COMMON STOCK 2021-02-18 M 5,000 a $121.05 97,753 direct
COMMON STOCK 2021-02-18 M 5,000 a $143.42 102,753 direct
COMMON STOCK 2021-02-18 S 10,000 d $467.81 92,753 direct
COMMON STOCK 2021-02-17 0 $0.00 60,150 indirect f3
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
OPTION 121.05 2021-02-17 deemed execution date M 15,000 (d) 2025-06-01 common stock 15,000 $121.05 5,000 direct
OPTION 121.05 2021-02-18 deemed execution date M 5,000 (d) 2025-06-01 common stock 5,000 $121.05 0 direct
OPTION 143.42 2021-02-18 deemed execution date M 5,000 (d) 2026-12-01 common stock 5,000 $143.42 20,000 direct
Footnotes
IDfootnote
f1 acquired through the exercise of stock options.
f2 reflects the average sales price for the reported transaction. the shares were sold in multiple transactions. the reporting person will provide to the commission, the issuer or any stockholder, upon request, full information regarding the number of shares sold at each separate price.
f3 includes shares owned indirectly by the reporting person, as follows: (a) 10,650 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; and (b) 49,500 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.
f4 option has graded vesting. date exercisable will vary with each vesting tranche.
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