CATHY A. KING - 11 Feb 2022 Form 3 Insider Report for PAR TECHNOLOGY CORP (PAR)

Role
VP, GEN COUNSEL & CORP SEC
Signature
/s/ Cathy A. King
Issuer symbol
PAR
Transactions as of
11 Feb 2022
Net transactions value
$0
Form type
3
Filing time
18 Feb 2022, 16:16:13 UTC
Next filing
08 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PAR Common Stock 7,011 11 Feb 2022 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 Employee Stock Option (right to buy) 11 Feb 2022 Common Stock 20,000 $5.12 Direct F2
holding PAR Employee Stock Option (right to buy) 11 Feb 2022 Common Stock 3,188 $22.18 Direct F3
holding PAR Employee Stock Option (right to buy) 11 Feb 2022 Common Stock 5,382 $24.87 Direct F4
holding PAR Employee Stock Option (right to buy) 11 Feb 2022 Common Stock 960 $35.17 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (1) a grant of 3,740 restricted stock units that vest in one-third increments on March 31, 2022, March 31, 2023 and March 31, 2024; and (2) a grant of 1,944 restricted stock units, with 50% of the restricted stock units vesting in one-third increments on March 31, 2022, March 31, 2023 and March 31, 2024 and the remaining 50% of the restricted stock units vesting in one-third increments on March 31,2022, March 31, 2023 and March 31, 2024 in a range from 0% to 160% based on the achievement of certain performance targets.
F2 Option vested in equal installments on July 29, 2017, July 29, 2018 and July 29, 2019.
F3 Option vested in equal installments on August 13, 2019, August 13, 2020 and August 13, 2021.
F4 Option vests in equal installments on August 9, 2020, August 9, 2021 and August 9, 2022.
F5 Option vests in equal installments on August 11, 2021, August 11, 2022 and August 11, 2023.