ReposiTrak, Inc. — Director's Dealing 2010

Mar 11, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK CITY GROUP INC (PCYG)
CIK: 0000050471
Period of Report: 2009-02-16

Reporting Person: ALLEN ROBERT W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-16	Common Stock	J	962	$2.60	Acquired	53962	Direct
2009-02-16	Common Stock	J	1798	$1.39	Acquired	55760	Direct
2009-04-14	Common Stock	J	116667	$1.50	Acquired	172427	Direct
2009-07-14	Common Stock	J	2273	$1.10	Acquired	174700	Direct
2009-07-14	Common Stock	J	1667	$1.50	Acquired	176367	Direct
2009-11-30	Common Stock	J	15000	$1.00	Acquired	191367	Direct
2009-12-28	Common Stock	J	909	$2.75	Acquired	192276	Direct
2010-01-22	Common Stock	J	755	$3.31	Acquired	193031	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-06-03	Series A Convertible Preferred Stock	$10.00	J	420	Acquired		Common Stock (1400)	Direct
2009-07-17	Series A Convertible Preferred Stock	$10.00	J	359	Acquired		Common Stock (1196.67)	Direct
2009-10-27	Series A Convertible Preferred Stock	$8.22	J	226	Acquired		Common Stock (753.33)	Direct
2010-01-14	Series A Convertible Preferred Stock	$10.00	J	188	Acquired		Common Stock (626.67)	Direct
2009-06-03	Series A Convertible Preferred Stock	$10.00	J	420	Acquired		Common Stock (1400)	Indirect
2009-07-17	Series A Convertible Preferred Stock	$10.00	J	359	Acquired		Common Stock (1196.67)	Indirect
2009-10-27	Series A Convertible Preferred Stock	$8.22	J	226	Acquired		Common Stock (753.33)	Indirect
2010-01-14	Series A Convertible Preferred Stock	$10.00	J	188	Acquired		Common Stock (626.67)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37314	Indirect

Holdings (Derivative)

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	2011-05-31	Common Stock (8929)	8929	Indirect

Footnotes

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 as consideration for the purchase of a promissory note by Reporting Person.

F3: Shares were issued as bonus compensation. Issuance represents one-fifth of shares issued. The remaining shares are issued over a four year period.

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

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