TYLER TECHNOLOGIES INC — Director's Dealing 2014

Feb 20, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2014-02-18

Reporting Person: King Luther Jr (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-18	Common Stock	M	20000	$9.37	Acquired	52000	Direct
2014-02-18	Common Stock	S	1975	$95.8046	Disposed	50025	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-18	Option	$9.37	M	20000	Disposed	2014-05-06	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	189329	Indirect

Footnotes

F1: Represents shares of common stock held by clients of Luther King Capital Management Corporation, an investment advisory firm controlled by Mr. King. Mr. King expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F2: Option vested as follows: 6,667 on 5/6/2005, 6,666 on 5/6/2006, and 6,667 on 5/6/2007.

F3: Total vested options held as of the reporting date.