Katerina Goros - 01 Mar 2022 Form 4 Insider Report for GTY Technology Holdings Inc. (GTYH)

Signature
/s/ Jon C. Bourne, Attorney-in-Fact
Issuer symbol
GTYH
Transactions as of
01 Mar 2022
Net transactions value
-$5,706
Form type
4
Filing time
03 Mar 2022, 07:40:49 UTC
Previous filing
05 Jan 2022
Next filing
07 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTYH Common Stock Options Exercise +2,401 2,401 01 Mar 2022 Direct F1
transaction GTYH Common Stock Tax liability $5,706 -1,385 -58% $4.12 1,016 01 Mar 2022 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GTYH Restricted Stock Units Options Exercise -2,401 -33% 4,803 01 Mar 2022 Common Stock 2,401 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,401 restricted stock units vested on February 19, 2022. Common stock resulting from the vesting of these restricted stock units was issued on March 1, 2022. Restricted stock units convert into common stock on a one-for-one basis.
F2 1,385 shares of common stock were withheld for the payment of taxes applicable to the settlement of the restricted stock units.
F3 This transaction was executed in multiple trades at prices ranging from $4.05 to $4.32 The price reported above reflects a weighted average sale price. The reporting person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer or a security holder of issuer full information regarding the number of shares and prices at which the transaction was effected