TYLER TECHNOLOGIES INC — Director's Dealing 2015

Dec 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2015-12-09

Reporting Person: MARR JOHN S JR (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-09	Common Stock	M	10900	$15	Acquired	392337	Direct
2015-12-09	Common Stock	S	10900	$176.89	Disposed	381437	Direct
2015-12-10	Common Stock	M	6000	$15	Acquired	387437	Direct
2015-12-10	Common Stock	S	6000	$173.98	Disposed	381437	Direct
2015-12-10	Common Stock	S	10000	$174.02	Disposed	371437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-09	Option	$15	M	10900	Disposed	2018-05-15	Common Stock (10900)	Direct
2015-12-10	Common Stock	$15	M	6000	Disposed	2018-05-15	Common Stock (6000)	Direct

Footnotes

F1: Acquired through the exercise of stock options

F2: Includes indirect ownership of: (a) 28,000 shares held in a descendant's trust in which Mr. Marr is deemed to have shared voting power; and (b) 99,527 shares held in a partnership in which Mr. Marr is the general partner. The partnership is owned 99% by a trust, in which Mr. Marr's children are the beneficiaries, and 1% by the general partner.

F3: Option has graded vesting. Date exercisable will vary with each vesting tranche.