Statement of Changes in Beneficial Ownership (4)
November 06 2020 - 6:02PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
SAMMON JOHN W JR |
2. Issuer Name and Ticker or Trading Symbol
PAR TECHNOLOGY CORP
[
PAR
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
8383 SENECA TURNPIKE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
11/4/2020 |
(Street)
NEW HARTFORD, NY 13413
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | | | | | | | | 1201718 | D | |
Common Stock | | | | | | | | 12000 | I | By J.W. Sammon Corp. (1) |
Common Stock | 11/4/2020 | | S | | 29303 | D | $40.4601 (2) | 0 | I | By Spouse (3) |
Common Stock | 11/4/2020 | | S | | 1097 | D | $41.0145 (4) | 0 | I | By Spouse (3) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | The reporting person holds these shares indirectly as the reporting person and his spouse are each 50% shareholders of J.W. Sammon Corp. and disclaims beneficial ownership of PAR common stock held by J.W. Sammon Corp. except to the extent of his pecuniary interest therein. |
(2) | The price reported in Column 4 is a weighed average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.99, inclusive. |
(3) | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on September 14, 2020. The reporting person disclaims beneficial ownership of these shares directly held by his spouse. |
(4) | The price reported in Column 4 is a weighed average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $41.04, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to this Form 4. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
SAMMON JOHN W JR 8383 SENECA TURNPIKE NEW HARTFORD, NY 13413 | X |
|
|
|
Signatures
|
/s/ Cathy A. King, Attorney-in-fact | | 11/6/2020 |
**Signature of Reporting Person | Date |
PAR Technology (NYSE:PAR)
Historical Stock Chart
From Mar 2024 to Apr 2024
PAR Technology (NYSE:PAR)
Historical Stock Chart
From Apr 2023 to Apr 2024