TYLER TECHNOLOGIES INC — Director's Dealing 2013

Nov 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2013-11-21

Reporting Person: REEVES G STUART (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-21	Tyler Technologies Common Stock	M	5000	$15.69	Acquired	32000	Direct
2013-11-21	Tyler Technologies Common Stock	S	5000	$99.95	Disposed	27000	Direct
2013-11-21	Tyler Technologies Common Stock	M	5000	$17.16	Acquired	32000	Direct
2013-11-21	Tyler Technologies Common Stock	S	5000	$99.95	Disposed	27000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-21	Option	$15.69	M	5000	Disposed	2020-05-13	Tyler Technologies Common Stock (5000)	Direct
2013-11-21	Option	$17.16	M	5000	Disposed	2019-05-13	Tyler Technologies Common Stock (5000)	Direct

Footnotes

F1: Acquired through the exercise of stock options with an exercise price of $15.69 per share.

F2: Acquired through the exercise of stock options with an exercise price of $17.16 per share

F3: Options vested as follows: 1,667 on May 13, 2011; 1,666 on May 13, 2012; and 1,667 on May 13, 2013

F4: Options vested as follows: 1,667 on May 13, 2010; 1,666 on May 13, 2011; and 1,667 on May 13, 2012