TYLER TECHNOLOGIES INC — Director's Dealing 2017

May 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2017-05-19

Reporting Person: MILLER BRIAN K (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-19	Common Stock	M	8000	$54.45	Acquired	55044	Direct
2017-05-19	Common Stock	S	8000	$168.8568	Disposed	47044	Direct
2017-05-22	Common Stock	M	5000	$54.45	Acquired	52044	Direct
2017-05-22	Common Stock	S	5000	$170.3356	Disposed	47044	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-19	Option	$54.45	M	8000	Disposed	2023-02-11	Common Stock (8000)	Direct
2017-05-22	Option	$54.45	M	5000	Disposed	2023-02-11	Common Stock (5000)	Direct

Footnotes

F1: Acquired through the exercise of options.

F2: Reflects the average sales price for the reported transactions ($168.8568). The shares were sold in multiple transactions at prices ranging from $168.67 to $168.95 inclusive. The reporting person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares sold at each separate price within the range specified.

F3: Acquired through the exercise of options.

F4: Reflects the average sales price for the reported transactions ($170.3356). The shares were sold in multiple transactions at prices ranging from $170.29 to $170.38 inclusive. The reporting person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares sold at each separate price within the range specified.

F5: Option has graded vesting. Date exercisable will vary with each vesting tranche.

F6: Option has graded vesting. Date exercisable will vary with each vesting tranche.