ReposiTrak, Inc. — Director's Dealing 2010

Aug 17, 2010

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: PARK CITY GROUP INC (PCYG)
CIK: 0000050471
Period of Report: 2010-06-30

Reporting Person: ALLEN ROBERT W (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-30	Series B Convertible Preferred Stock	$10.00	J	52301	Acquired		Common Stock (130752.5)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	194865	Direct
Common Stock	37314	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Convertible Preferred Stock	$10.00		Common Stock (51637)	15491	Direct
Series A Convertible Preferred Stock	$10.00		Common Stock (51640)	15492	Indirect
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

Footnotes

F1: The Series A Preferred Stock remains convertible so long as the shares remain issued and outstanding.

F2: The Series B Convertible Preferred Stock remains convertible so long as the shares remain issued and outstanding.

F3: Shares were issued upon conversion of certain debt of Park City Group, Inc. held by Mr. Allen.