ReposiTrak, Inc. - Director's Dealing 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK CITY GROUP INC (PCYG.OB)
CIK: 0000050471
Period of Report: 2010-10-08

Reporting Person: ALLEN ROBERT W (N/A)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-22	Common Stock	J	10000	$4.40	Acquired	204865	Direct
2010-10-22	Common Stock	J	10000	$4.40	Disposed	194865	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-08	Series A Convertible Preferred Stock	$10.00	J	195	Acquired		Common Stock (650)	Direct
2010-10-08	Series A Convertible Preferred Stock	$10.00	J	650	Acquired		Common Stock (650)	Indirect

Security	Shares	Ownership
Common Stock	37314	Indirect

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Purchase Warrants	$4.00	2011-05-31	Common Stock (8928)	8928	Direct
Common Stock Purchase Warrants	$4.00	2011-05-31	Common Stock (8929)	8929	Indirect
Series B Convertible Preferred Stock	$10.00		Common Stock (130753)	52301	Direct

F1: Shares issued in connection with Private Placement dated 10/18/2010.

F2: Shares were gifted to a third party.

F3: Shares were issued in lieu of cash for dividends payable on Series A Convertible Preferred Stock.

F4: Preferred Stock remains convertible so long as the shares remain issued and outstanding.

F5: The Series B Preferred Stock remains convertible so long as the shares remain issued and outstanding.