FARRELL DAVID M (CEO of Sherpa) exercised options at GTY TECHNOLOGY HOLDINGS INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

FARRELL DAVID M

Filed: 3/9/2022ACC: 0001415889-22-002798

InsiderFARRELL DAVID MCIK 1793761

→

IssuerGTY TECHNOLOGY HOLDINGS INC.CIK 1682325

Officer· CEO of Sherpa

Since Oct 2019

-33.81K

Net shares

Net seller

$123.6K

Total sold

Open market trades

0B · 0S

Total transactions

111.52K acquired · 145.33K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+54K

Price / share

—

Trade value

—

% of position

13.2%

3/7/2022

409.07K→463.07K

Common Stock

Direct

F · Tax Withholding

−17.05K

Price / share

$3.70

Trade value

$63.07K

% of position

3.7%

3/7/2022

463.07K→446.02K

Common Stock

Direct

M · Option Exercise

+41.80K

Price / share

—

Trade value

—

% of position

9.4%

3/8/2022

446.02K→487.82K

Common Stock

Direct

F · Tax Withholding

−12.17K

Price / share

$3.61

Trade value

$43.97K

% of position

2.5%

3/8/2022

487.82K→475.65K

Common Stock

Direct

M · Option Exercise

+15.72K

Price / share

—

Trade value

—

% of position

3.3%

3/8/2022

475.65K→491.37K

Common Stock

Direct

F · Tax Withholding

−4.58K

Price / share

$3.61

Trade value

$16.54K

% of position

0.9%

3/8/2022

491.37K→486.79K

Total

Net shares

+77.72K

Net value

-$123.59K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/7/2022	M · Option Exercise	+54K	—	—	13.2%	409.07K	463.07K
Common Stock Direct	3/7/2022	F · Tax Withholding	−17.05K	$3.70	$63.07K	3.7%	463.07K	446.02K
Common Stock Direct	3/8/2022	M · Option Exercise	+41.80K	—	—	9.4%	446.02K	487.82K
Common Stock Direct	3/8/2022	F · Tax Withholding	−12.17K	$3.61	$43.97K	2.5%	487.82K	475.65K
Common Stock Direct	3/8/2022	M · Option Exercise	+15.72K	—	—	3.3%	475.65K	491.37K
Common Stock Direct	3/8/2022	F · Tax Withholding	−4.58K	$3.61	$16.54K	0.9%	491.37K	486.79K
Total			+77.72K		-$123.59K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

54K shares

−54K

Strike price

Held after

311.80K

Exercisable

—

3/7/2022

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

41.80K shares

−41.80K

Strike price

Held after

270K

Exercisable

—

3/8/2022

Performance Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

15.72K shares

−15.72K

Strike price

Held after

31.70K

Exercisable

—

3/8/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock54K shares	3/7/2022	M · Option Exercise	−54K	—	311.80K
Restricted Stock Units Direct	Common Stock41.80K shares	3/8/2022	M · Option Exercise	−41.80K	—	270K
Performance Restricted Stock Units Direct	Common Stock15.72K shares	3/8/2022	M · Option Exercise	−15.72K	—	31.70K