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: 2012-01-09

Reporting Person: FIELDS RANDALL K (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-09	Common Stock	J	1326	$2.59	Acquired	3939492	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-10	Series A Convertible Preferred Stock	$10.00	J	83	Acquired		Common Stock (277)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	651152	Indirect
Common Stock	30667	Indirect
Common Stock	90467	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 at a 15% discount to fair market value, pursuant to the Company's Employee Stock Purchase Plan.

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