TYLER TECHNOLOGIES INC — Director's Dealing 2014

Jun 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2014-06-13

Reporting Person: RICHARDS MICHAEL D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-13	Common Stock	M	1667	$17.16	Acquired	51667	Direct
2014-06-13	Common Stock	S	1667	$80.24	Disposed	50000	Direct
2014-06-13	Common Stock	M	3334	$24.7	Acquired	53334	Direct
2014-06-13	Common Stock	S	3334	$80.42	Disposed	50000	Direct
2014-06-13	Common Stock	M	3333	$37.44	Acquired	53333	Direct
2014-06-13	Common Stock	S	3333	$80.37	Disposed	50000	Direct
2014-06-13	Common Stock	M	5000	$64.95	Acquired	55000	Direct
2014-06-13	Common Stock	S	5000	$80.63	Disposed	50000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-13	Option	$17.16	M	1667	Disposed	2014-06-13	Common Stock (1667)	Direct
2014-06-13	Option	$24.7	M	3334	Disposed	2014-06-13	Common Stock (3334)	Direct
2014-06-13	Option	$37.44	M	3333	Disposed	2014-06-13	Common Stock (3333)	Direct
2014-06-13	Option	$64.95	M	5000	Disposed	2014-06-13	Common Stock (5000)	Direct

Footnotes

F1: Acquired through the exercise of stock options with an exercise price of $17.16 per share

F2: Acquired through the exercise of stock options with an exercise price of $24.70 per share

F3: Acquired through the exercise of stock options with an exercise price of $37.44 per share

F4: Acquired through the exercise of stock options with an exercise price of $64.95 per share

F5: 1,667 options vested on each of May 10, 2013 and 2014

F6: Mr. Richards tenure on the Tyler Technologies Board of Directors expired on May 14, 2014. Under the terms of the Tyler Technologies Stock Option Plan, Mr. Richards's options terminated 30 days thereafter, or June 13, 2014.