4//SEC Filing
Puckett Jeffrey David 4
Accession 0001240085-25-000008
CIK 0000860731other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 3:50 PM ET
Size
36.4 KB
Accession
0001240085-25-000008
Insider Transaction Report
Form 4
Puckett Jeffrey David
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2025-03-01$608.43/sh−74.372$45,250→ 6,965.911 total - Exercise/Conversion
Performance-Based Restricted Stock Unit
2025-03-01−2,500→ 0 total→ Common Stock (2,500 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-01−260→ 261 total→ Common Stock (260 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-01−189→ 378 total→ Common Stock (189 underlying) - Award
Performance-Based Restricted Stock Unit
2025-03-01+1,725→ 1,725 total→ Common Stock (1,725 underlying) - Exercise/Conversion
Common Stock
2025-03-01+2,500→ 7,191.39 total - Tax Payment
Common Stock
2025-03-01$608.43/sh−983.75$598,543→ 6,207.64 total - Exercise/Conversion
Common Stock
2025-03-01+801→ 7,008.64 total - Tax Payment
Common Stock
2025-03-01$608.43/sh−315.046$191,684→ 6,693.594 total - Exercise/Conversion
Common Stock
2025-03-01+260→ 6,953.594 total - Exercise/Conversion
Performance-Based Restricted Stock Unit
2025-03-01−801→ 0 total→ Common Stock (801 underlying) - Award
Performance-Based Restricted Stock Unit
2025-03-01+534→ 534 total→ Common Stock (534 underlying) - Tax Payment
Common Stock
2025-03-01$608.43/sh−102.311$62,249→ 6,851.283 total - Exercise/Conversion
Common Stock
2025-03-01+189→ 7,040.283 total - Award
Performance-Based Restricted Stock Unit
2025-03-01+1,725→ 1,725 total→ Common Stock (1,725 underlying) - Award
Restricted Stock Unit
2025-03-01+410→ 410 total→ Common Stock (410 underlying)
Footnotes (12)
- [F1]Performance-based restricted stock units convert into common stock on a one-to-one basis.
- [F10]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, 2025. The number of vested restricted stock units will be settled by the issuer in issuer common stock on March 1, 2026. The stated number of restricted stock units awarded reflects target performance. Depending upon actual performance during the performance period, the actual number of restricted stock units vested may range from 0% to 150% of the restricted stock units awarded.
- [F11]Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
- [F12]The restricted stock units vest in equal installments on each of the first, second, and third anniversaries of the date of grant and will be settled by the issuer on such dates, subject to the terms and conditions of the issuer's 2018 Stock Incentive Plan.
- [F2]Restricted stock units convert into common stock on a one-to-one basis.
- [F3]On March 1, 2022, the reporting person was granted performance-based restricted stock units based upon cumulative recurring revenue growth over a three-year period ending on December 31, 2024 and continued employment through March 1, 2025. The number of vested units settled by the issuer in issuer common stock on such date reflects actual performance equal to 100% of target performance (whereas the number of units originally reported in connection with the grant reflected assumed target performance).
- [F4]On March 1, 2024, the reporting person was granted performance-based restricted stock units based upon non-GAAP earnings per share for the one-year period ending December 31, 2024. The number of vested units settled by the issuer in issuer common stock on March 1, 2025 reflects actual performance equal to 150% of target performance (whereas the number of units originally reported in connection with the grant reflected assumed target performance).
- [F5]On March 1, 2023, the reporting person was granted 781 restricted stock units, to vest in equal installments on each of the first, second, and third anniversaries of the date of grant, and settled by the issuer on the respective anniversary dates, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan.
- [F6]On March 1, 2024, the reporting person was granted 567 restricted stock units, to vest in equal installments on each of the first, second, and third anniversaries of the date of grant, and settled by the issuer on the respective anniversary dates, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan.
- [F7]Each performance-based restricted stock unit represents a contingent right to receive one share of issuer common stock.
- [F8]Vesting is subject to the issuer's achievement of long-term performance goals based upon cumulative non-GAAP adjusted recurring revenue growth over the three-year performance period ending December 31, 2027 and continued employment through March 1, 2028. 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 upon actual performance during the performance period, the actual number of restricted stock units vested may range from 0% to 150% of the restricted stock units awarded.
- [F9]Vesting is subject to the issuer's achievement of long-term performance goals based upon non-GAAP net operating margin for the year ending December 31, 2027 and continued employment through March 1, 2028. 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 upon actual performance during the performance period, the actual number of restricted stock units vested may range from 0% to 150% of the restricted stock units awarded.
Documents
Issuer
TYLER TECHNOLOGIES INC
CIK 0000860731
Entity typeother
Related Parties
1- filerCIK 0001863648
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 3:50 PM ET
- Size
- 36.4 KB