Michael J. Duffy - Feb 11, 2022 Form 4 Insider Report for GTY Technology Holdings Inc. (GTYH)

Role: CEO OF CITYBASE
Signature: /s/ Jon C. Bourne, Attorney-in-Fact
Stock symbol: GTYH
Transactions as of: Feb 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/14/2022, 04:06 PM
Previous filing: Sep 15, 2021
Next filing: Mar 4, 2022

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	Performance Restricted Stock Units	Disposed to Issuer	$0	-200K	-100%	$0.00^*	0	Feb 11, 2022	Common Stock	200K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On February 11, 2022, the remaining 200,000 of the 300,000 performance-based restricted stock units granted on October 31, 2019 were forfeited because the reporting person did not achieve the performance goals for the relevant performance periods. On March 12, 2020, the initial 100,000 of the 300,000 performance-based restricted stock units granted on October 31, 2019 had been forfeited because the reporting person had not achieved the performance goals for the relevant performance period.

Content

On February 11, 2022, the remaining 200,000 of the 300,000 performance-based restricted stock units granted on October 31, 2019 were forfeited because the reporting person did not achieve the performance goals for the relevant performance periods. On March 12, 2020, the initial 100,000 of the 300,000 performance-based restricted stock units granted on October 31, 2019 had been forfeited because the reporting person had not achieved the performance goals for the relevant performance period.