TYLER TECHNOLOGIES INC — Director's Dealing 2020

Mar 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2020-03-03

Reporting Person: BRATTAIN DONALD R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-03	Common Stock	M	5000	$146.92	Acquired	16169	Indirect
2020-03-03	Common Stock	S	5000	$333	Disposed	11169	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-03	Option	$146.92	M	5000	Disposed	2026-05-11	Common Stock (5000)	Direct

Footnotes

F1: Acquired through the exercise of options.

F2: Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 6,099 shares held directly, (b) 7,070 shares held by Deephaven Enterprises, Inc., of which the reporting person is the sole shareholder, and (c) 3,000 shares held in an investment retirement account for the benefit of the reporting person's spouse.

F3: Reflects the average sales price for the reported transactions. The shares were sold in multiple transactions. The reporting person will provide the Commission, the issuer or any stockholder, upon request, full information regarding the number of shares sold at each separate price.

F4: Includes shares owned both directly and indirectly by the reporting person, as follows: (a) 1,099 shares held directly, (b) 7,070 shares held by Deephaven Enterprises, Inc., of which the reporting person is the sole shareholder, and (c) 3,000 shares held in an investment retirement account for the benefit of the reporting person's spouse.

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