Bryan A. Menar - Mar 27, 2024 Form 4 Insider Report for PAR TECHNOLOGY CORP (PAR)

Role
Chief Financial Officer
Signature
/s/ Cathy A King, Attorney-in-fact
Stock symbol
PAR
Transactions as of
Mar 27, 2024
Transactions value $
$74,970
Form type
4
Date filed
3/28/2024, 05:19 PM
Previous filing
Mar 11, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAR Common Stock Options Exercise $75K +8.5K +17.91% $8.82* 56K Mar 27, 2024 Direct

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
transaction PAR Employee Stock Option (right to buy) Options Exercise $0 -8.5K -24.64% $0.00 26K Mar 27, 2024 Common Stock 8.5K $8.82 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price for this stock option was inadvertently rounded up and reported as $8.9 per share on the Reporting Person's Form 4's filed on July 15, 2020 and December 12, 2017.
F2 The option, representing a right to purchase a total of 40,000 shares, became exercisable in four equal annual installments beginning on December 8, 2018, which was the first anniversary of the date on which the option was granted.