ReposiTrak, Inc. — Director's Dealing 2011

Jan 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK CITY GROUP INC (PCYG.OB)
CIK: 0000050471
Period of Report: 2010-11-18

Reporting Person: FIELDS RANDALL K (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-18	Common Stock	J	715	$4.81	Acquired	9632	Indirect
2010-12-07	Common Stock	J	688	$5.00	Acquired	10320	Indirect
2010-12-16	Common Stock	J	682	$5.04	Acquired	11002	Indirect
2011-01-04	Common Stock	J	631	$5.45	Acquired	11633	Indirect
2011-01-26	Common Stock	J	598	$5.75	Acquired	12231	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-11	Series A Convertible Preferred Stock	$10.00	J	79	Acquired		Common Stock (263)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3947145	Direct
Common Stock	650352	Indirect
Common Stock	30667	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: Shares were issued in lieu of cash compensation otherwise due and owing Fields Management, Inc. under the terms of a Services Agreement between Park City Group, Inc. and Fields Management.

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

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

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