ReposiTrak, Inc. — Director's Dealing 2010

Sep 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK CITY GROUP INC (PCYG.OB)
CIK: 0000050471
Period of Report: 2010-07-09

Reporting Person: FIELDS RANDALL K (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-10	Common Stock	J	60000	$1.10	Acquired	4121487	Indirect
2010-08-24	Common Stock	J	12195	$4.10	Disposed	4109292	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-09	Series A Convertible Preferred Stock	$10.00	J	76	Acquired		Common Stock (253)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	487205	Direct
Common Stock	30667	Indirect
Common Stock	2688	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series B Convertible Preferred Stock	$10.00		Common Stock (874065)	349626	Indirect
Series B Convertible Preferred Stock	$10.00		Common Stock (25000)	10000	Indirect

Footnotes

F1: Vesting stock grant per Employment Agreement.

F2: Shares were gifted to third parties.

F3: Series B Convertible Preferred Stock remains convertible so long as the shares remain issued and outstanding.

F4: Shares were issued in lieu of cash dividends payable on Series A Convertible Preferred Stock.

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