ReposiTrak, Inc. — Director's Dealing 2012

Jan 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK CITY GROUP INC (PCYG)
CIK: 0000050471
Period of Report: 2011-10-11

Reporting Person: GILLIS JAMES R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-11	Common Stock	J	609	$4.11	Acquired	74153	Direct
2011-10-22	Common Stock	J	15000	$1.00	Acquired	89153	Direct
2012-01-10	Common Stock	J	820	$3.05	Acquired	89973	Direct

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 bonus compensation. Issuance represents one-fifth of shares issued. The remaining shares are issued over a two year period.

F3: Price reflects fair market value of shares on the date of original issuance, November 21, 2008.