ReposiTrak, Inc. - Director's Dealing 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: ALLEN ROBERT W (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-09	Common Stock	J	658	$3.80	Acquired	194865	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-09	Series A Convertible Preferred Stock	$10.00	J	190	Acquired		Common Stock (633.33)	Direct
2010-07-09	Series A Convertible Preferred Stock	$10.00	J	190	Acquired		Common Stock (633.33)	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

F1: Represents issuance of shares paid in lieu of cash compensation for fees for service on the Company's Board of Directors.

F2: Shares were issued in lieu of cash for dividends payable on Series A Convertible Preferred Stock.

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