Raju Malhotra - Oct 4, 2021 Form 3 Insider Report for PAR TECHNOLOGY CORP (PAR)

Role
CHF PRODUCT & TECH OFFICER
Signature
/s/ Cathy A. King, Attorney-in-Fact
Stock symbol
PAR
Transactions as of
Oct 4, 2021
Transactions value $
$0
Form type
3
Date filed
10/5/2021, 04:39 PM
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PAR Common Stock 1.58K Oct 4, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PAR Common Stock Oct 4, 2021 Employee Stock Option (right to buy) 103K $9.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units that vest one-third based on the achievement of performance targets for the fiscal year ending 2021 and thereafter one-third on each of the first and second year anniversaries of the initial vesting date.
F2 25% vested on August 17, 2021 and 1/48th vesting each month thereafter.