TYLER TECHNOLOGIES INC — Director's Dealing 2014

May 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2014-04-30

Reporting Person: REEVES G STUART (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-30	Tyler Technologies Common Stock	M	5000	$9.37	Acquired	32000	Direct
2014-04-30	Tyler Technologies Common Stock	S	581	$81.17	Disposed	31419	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-30	Option	$9.37	M	5000	Disposed	2014-05-06	Tyler Technologies Common Stock (5000)	Direct

Footnotes

F1: Acquired through the exercise of stock options with an exercise price of $9.37 per share.

F2: 5,000 options vested at 33% per year from May 6, 2005 through May 6, 2007.