BRYAN A. MENAR - 27 Mar 2024 Form 4 Insider Report for PAR TECHNOLOGY CORP (PAR)

Role: Chief Financial Officer
Signature: /s/ Cathy A King, Attorney-in-fact
Issuer symbol: PAR
Transactions as of: 27 Mar 2024
Net transactions value: +$74,970
Form type: 4
Filing time: 28 Mar 2024, 17:19:22 UTC
Previous filing: 11 Mar 2024
Next filing: 02 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAR	Common Stock	Options Exercise	$74,970	+8,500	+18%	$8.82^*	55,956	27 Mar 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	-8,500	-25%	$0.000000	26,000	27 Mar 2024	Common Stock	8,500	$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.