TJ Parass - Feb 25, 2021 Form 4/A - Amendment Insider Report for GTY Technology Holdings Inc. (GTYH)

Role: CEO AND PRESIDENT
Signature: /s/ Jon C. Bourne, Attorney-in-Fact
Stock symbol: GTYH
Transactions as of: Feb 25, 2021
Transactions value $: -$546,720
Form type: 4/A - Amendment
Date filed: 11/26/2021, 12:46 PM
Date Of Original Report: Feb 26, 2021
Next filing: Aug 27, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTYH	Common Stock	Options Exercise		+140K	+481.1%		169K	Feb 25, 2021	Direct	F1
transaction	GTYH	Common Stock	Tax liability	-$547K	-74.5K	-44.05%	$7.34	94.6K	Feb 25, 2021	Direct	F2

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		-140K	-100%		0	Feb 25, 2021	Common Stock	140K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	46,667 restricted stock units vested on October 30, 2019, the grant date. 46,667 restricted stock units vested on February 19, 2020. 46,666 restricted stock units vested on February 19, 2021. Common stock resulting from the vesting of all of these restricted stock units was issued on February 25, 2021. Restricted stock units convert into common stock on a one-for-one basis.
F2	74,485 shares of common stock were withheld for the payment of taxes applicable to the vesting of the restricted stock units.

Remarks:

This amendment is being filed to account for the number of shares of common stock withheld for the payment of taxes applicable to the vesting of restricted stock units. That number inadvertently was omitted from the original filing due to an administrative error.