PAR TECHNOLOGY CORP — Director's Dealing 2012

May 29, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PAR TECHNOLOGY CORP (PAR)
CIK: 0000708821
Period of Report: 2012-05-16

Reporting Person: MALONE STEVEN (VP, CONTROLLER & CAO)

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	2400	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
INCENTIVE STOCK OPTION (RIGHT TO BUY)	$4.78	2022-04-23	COMMON STOCK (1100)		Direct
INCENTIVE STOCK OPTION (RIGHT TO BUY)	$6.395	2019-05-11	COMMON STOCK (10000)		Direct

Footnotes

F1: THE OPTION IS EXERCISABLE IN FOUR EQUAL ANNUAL INSTALLMENTS BEGINNING ON APRIL 23, 2013.

F2: THE OPTION IS EXERCISABLE IN FIVE EQUAL ANNUAL INSTALLMENTS BEGINNING ON MAY 11, 2010.