PAR TECHNOLOGY CORP — Director's Dealing 2020

Jun 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAR TECHNOLOGY CORP (PAR)
CIK: 0000708821
Period of Report: 2020-06-04

Reporting Person: SAMMON JOHN W JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-04	Common Stock	A	3446	—	Acquired	1205164	Direct
2020-06-05	Common Stock	J	862096	—	Disposed	0	Indirect
2020-06-05	Common Stock	J	8620	—	Acquired	20620	Indirect

Footnotes

F1: Equity portion of non-employee Director annual retainer for term commencing June 4, 2020: Time vesting restricted stock units granted pursuant to the Company's 2015 Equity Incentive Plan, as amended and restated, to vest according to the following schedule: 100% vesting on the earlier of (a) 12-months from the Grant Date and (b) the date of the Company's 2021 annual meeting of shareholders.

F2: Pro-rata distribution from Sammon Family Limited Partnership, of which J.W. Sammon Corp. is the sole general partner. The reporting person and his spouse are each 50% shareholders of J.W. Sammon Corp.

F3: The reporting person and his spouse are each 50% shareholders of J.W. Sammon Corp., the sole general partner of the Sammon Family Limited Partnership.

F4: The reporting person holds these shares indirectly as the reporting person and his spouse are each 50% shareholders of J.W. Sammon Corp. and disclaims beneficial ownership of PAR common stock held by J.W. Sammon Corp. except to the extent of his pecuniary interest therein.