PAR TECHNOLOGY CORP — Director's Dealing 2006

Dec 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAR TECHNOLOGY CORP (ptc)
CIK: 0000708821
Period of Report: 2006-12-20

Reporting Person: Nielsen Paul D (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-18	Non-Qualified Stock Option	$15.85	J	2335	Acquired	2016-08-18	Common Stock (2335)	Direct

Footnotes

F1: Pursuant to a Board vote on December 20, 2006 and per agreement of the reporting person, the unexercised options granted on August 18, 2006 were cancelled.

F2: No entry is required as this is a non-qualified stock option grant.