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PAR TECHNOLOGY CORP Director's Dealing 2006

May 5, 2006

31847_dirs_2006-05-05_a3f70470-a07f-4450-bcd7-2f5a49cc9d9e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAR TECHNOLOGY CORP (PTC)
CIK: 0000708821
Period of Report: 2006-05-02

Reporting Person: CORTESE GREGORY T (President, PTI)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-02	Common Stock	M	2000	$2.0417	Acquired	2310	Direct
2006-05-02	Common Stock	S	2000	$17	Disposed	310	Direct
2006-05-02	Common Stock	M	2000	$2.0417	Acquired	2310	Direct
2006-05-02	Common Stock	S	2000	$17.05	Disposed	310	Direct
2006-05-02	Common Stock	M	1800	$2.0417	Acquired	2110	Direct
2006-05-02	Common Stock	S	1800	$16.95	Disposed	310	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-02	Non-Qualified Stock Option (right to buy)	$2.0417	M	2000	Disposed	2010-08-11	Common Stock (2000)	Direct
2006-05-02	Non-Qualified Stock Option (right to buy)	$2.0417	M	2000	Disposed	2010-08-11	Common Stock (2000)	Direct
2006-05-02	Non-Qualified Stock Option (right to buy)	$2.0417	M	1800	Disposed	2010-08-11	Common Stock (1800)	Direct