0001415889-22-001307.txt : 20220214 0001415889-22-001307.hdr.sgml : 20220214 20220214171431 ACCESSION NUMBER: 0001415889-22-001307 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220210 FILED AS OF DATE: 20220214 DATE AS OF CHANGE: 20220214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Parass TJ CENTRAL INDEX KEY: 0001793673 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37931 FILM NUMBER: 22634736 MAIL ADDRESS: STREET 1: GTY TECHNOLOGY HOLDINGS INC. STREET 2: 1180 NORTH TOWN CENTER DRIVE, SUITE 100 CITY: LAS VEGAS STATE: NV ZIP: 89144 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GTY Technology Holdings Inc. CENTRAL INDEX KEY: 0001682325 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 832860149 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 800 BOYLSTON STREET STREET 2: 16TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 8774653200 MAIL ADDRESS: STREET 1: 800 BOYLSTON STREET STREET 2: 16TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 4 1 form4-02142022_020209.xml X0306 4 2022-02-10 0001682325 GTY Technology Holdings Inc. GTYH 0001793673 Parass TJ C/O GTY TECHNOLOGY HOLDINGS INC. 800 BOYLSTON STREET, 16TH FLOOR BOSTON MA 02199 false true false false CEO AND PRESIDENT Restricted Stock Units 2022-02-10 4 A 0 36342 0 A Common Stock 36342 296342 D Performance Restricted Stock Units 2022-02-10 4 D 0 9963 0 D Common Stock 9963 60307 D Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. If the reporting person remains employed with the issuer at such time, all the restricted stock units will vest on February 19, 2022. The restricted stock units may be settled in shares of the issuer's common stock and were granted as the reporting person's annual bonus for 2021, consistent with his waiver and consent to receive such bonus in cash, restricted stock units with a vesting period of no more than one year, or a combination of both. On February 10, 2022, 9,963 of the 70,000 performance-based restricted stock units granted on December 31, 2021 were forfeited because the reporting person did not achieve all performance goals for the relevant performance period. The remaining 60,037 performance-based restricted stock units will vest in substantially equal installments on February 19, 2022, February 19, 2023 and February 19, 2024 if the reporting person remains employed with the issuer at such time. The restricted stock units may be settled in shares of the issuer's common stock or cash. /s/ Jon C. Bourne, Attorney-in-Fact 2022-02-14