TYLER TECHNOLOGIES INC — Director's Dealing 2013

Dec 16, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2013-12-12

Reporting Person: MILLER BRIAN K (Executive VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-12	Tyler Technologies Common Stock	M	2100	$15	Acquired	64001	Direct
2013-12-12	Tyler Technologies Common Stock	S	2100	$100.12	Disposed	61901	Direct
2013-12-12	Tyler Technologies Common Stock	M	20000	$14.98	Acquired	81901	Direct
2013-12-12	Tyler Technologies Common Stock	S	20000	$100.69	Disposed	61901	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-12	Option	$15	M	2100	Disposed	2018-05-15	Tyler Technologies Common Stock (2100)	Direct
2013-12-12	Option	$14.98	M	20000	Disposed	2018-06-13	Tyler Technologies Common Stock (20000)	Direct
2013-12-13	Option	$100.43	A	19200	Acquired	2023-12-13	Tyler Technologies Common Stock (19200)	Direct

Footnotes

F1: Acquired through the exercise of stock options with an exercise price of $15.00 per share

F2: Acquired through the exercise of stock options with an exercise price of $14.98 per share.

F3: Options vested at 30,000 per year from May 15, 2009 through May 15, 2013

F4: Options vested at 4,000 per year from June 13, 2009 through June 13, 2013

F5: Options vest at 3,840 per year from December 13, 2014 through December 13, 2018