0001240085-22-000009.txt : 20220303
0001240085-22-000009.hdr.sgml : 20220303
20220303152855
ACCESSION NUMBER: 0001240085-22-000009
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: MILLER BRIAN K
CENTRAL INDEX KEY: 0001086072
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10485
FILM NUMBER: 22708340
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
0001086072
MILLER BRIAN K
5101 TENNYSON PARKWAY
PLANO
TX
75024
0
1
0
0
Executive VP and CFO
Common Stock
2022-03-01
4
M
0
6000
A
35580
D
Common Stock
2022-03-01
4
F
0
2361
428.26
D
30219
D
Common Stock
2022-03-01
4
M
0
1120
A
31339
D
Common Stock
2022-03-01
4
F
0
282
428.26
D
31057
D
Common Stock
26781
I
See footnote (2)
Performance-Based Restricted Stock Unit
2022-03-01
4
M
0
6000
0
D
Common Stock
6000
0
D
Performance-Based Restricted Stock Unit
2022-03-01
4
M
0
1120
0
D
Common Stock
1120
0
D
Performance-Based Restricted Stock Unit
2022-03-01
4
A
0
3750
0
A
Common Stock
3750
3750
D
Performance-Based Restricted Stock Unit
2022-03-01
4
A
0
982
0
A
Common Stock
982
982
D
Performance-based restricted stock units convert into common stock based upon percentage of target performance achieved.
Includes shares owned indirectly by the reporting person as follows: (a) 17,455 shares owned indirectly, which are owned by a family trust for which the reporting person's spouse is the beneficiary and trustee; (b) 4,583 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee; and (c) 4,743 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee.
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