0001240085-22-000008.txt : 20220303 0001240085-22-000008.hdr.sgml : 20220303 20220303131130 ACCESSION NUMBER: 0001240085-22-000008 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220301 FILED AS OF DATE: 20220303 DATE AS OF CHANGE: 20220303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MOORE H LYNN JR CENTRAL INDEX KEY: 0001250902 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10485 FILM NUMBER: 22707618 MAIL ADDRESS: STREET 1: 5101 TENNYSON PARKWAY CITY: PLANO STATE: TX ZIP: 75024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TYLER TECHNOLOGIES INC CENTRAL INDEX KEY: 0000860731 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 752303920 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5101 TENNYSON PKWY CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 9727133700 MAIL ADDRESS: STREET 1: 5101 TENNYSON PKWY CITY: PLANO STATE: TX ZIP: 75024 FORMER COMPANY: FORMER CONFORMED NAME: TYLER CORP /NEW/ DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: TYLER THREE INC DATE OF NAME CHANGE: 19600201 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2022-03-01 0 0000860731 TYLER TECHNOLOGIES INC TYL 0001250902 MOORE H LYNN JR 5101 TENNYSON PARKWAY PLANO TX 75024 1 1 0 0 President and CEO Common Stock 2022-03-01 4 M 0 9000 A 88004 D Common Stock 2022-03-01 4 F 0 3542 428.26 D 84462 D Common Stock 2022-03-01 4 M 0 1471 A 85933 D Common Stock 2022-03-01 4 F 0 366 428.26 D 85567 D Performance-Based Restricted Stock Unit 2022-03-01 4 M 0 9000 0 D Common Stock 9000 0 D Performance-Based Restricted Stock Unit 2022-03-01 4 M 0 1471 0 D Common Stock 1471 0 D Performance-Based Restricted Stock Unit 2022-03-01 4 A 0 6500 0 A Common Stock 6500 6500 D Performance-Based Restricted Stock Unit 2022-03-01 4 A 0 1420 0 A Common Stock 1420 1420 D Performance-based restricted stock units convert into common stock based upon percentage of target performance achieved. On March 1, 2019, the reporting person was granted performance-based restricted stock units based upon cumulative revenue growth over a three-year period ending on December 31, 2021 and continued employment through March 1, 2022. The number of vested units settled by the issuer in issuer common stock on such date reflects actual performance equal to 120% of target performance (whereas the number of units originally reported in connection with the grant reflected assumed target performance). On March 1, 2021, 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, 2021 and continued employment through March 1, 2022. The number of vested units settled by the issuer in issuer common stock on such date reflects actual performance equal to 120% of target performance (whereas the number of units originally reported in connection with the grant reflected assumed target performance). Each performance-based restricted stock unit represents a contingent right to receive one share of issuer common stock. 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, 2024 and continued employment through March 1, 2025. 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. Vesting is subject to the Issuer's achievement of long-term performance goals based upon non-GAAP earning per share for the one-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 upon actual performance during the performance period, the actual number of restricted stock units vested may range from 0% to 175% of the restricted stock units awarded. Randall G. Ray, attorney-in-fact 2022-03-03