ReposiTrak, Inc. — Director's Dealing 2014

Jan 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PARK CITY GROUP INC (PCYG)
CIK: 0000050471
Period of Report: 2013-11-22

Reporting Person: Hermanns Robert Paul (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-22	Common Stock	J	286	$8.74	Acquired	114314	Direct
2014-01-03	Common Stock	J	246	$10.16	Acquired	114560	Direct
2014-01-03	Common Stock	J	10000	$9	Acquired	124560	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants	$3.60	2018-03-14	Common Stock (18333)	18333	Direct

Footnotes

F1: Shares issued in lieu of cash compensation for fees for services on the Company's Board of Directors.

F2: Shares were issued as bonus compensation. Issuance represents one-fifth of shares issued. This is the first of five annual issuances.