0001456726-15-000004.txt : 20150219 0001456726-15-000004.hdr.sgml : 20150219 20150217203419 ACCESSION NUMBER: 0001456726-15-000004 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150218 DATE AS OF CHANGE: 20150217 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PAR TECHNOLOGY CORP CENTRAL INDEX KEY: 0000708821 STANDARD INDUSTRIAL CLASSIFICATION: CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578] IRS NUMBER: 161434688 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34947 FILM NUMBER: 15625574 BUSINESS ADDRESS: STREET 1: PAR TECHNOLOGY PARK STREET 2: 8383 SENECA TURNPIKE CITY: NEW HARTFORD STATE: NY ZIP: 13413 BUSINESS PHONE: 3157380600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Wedbush Edward William CENTRAL INDEX KEY: 0001456726 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: P.O. BOX 30014 CITY: LOS ANGELES STATE: CA ZIP: 90030-0014 SC 13G/A 1 ptc15.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE13GA* Under the Securities Exchange Act of 1934 PAR TECHNOLOGY CORPORATION --------------------------------------------------------------------- (Name of Issuer) Common --------------------------------------------------------------------- (Title of Class of Securities) 698884103 ----------------- (CUSIP Number) December 31, 2014 --------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /x/ Rule 13d-1(b) /x/ Rule 13d-1(c) / / Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-98) Page 1 of 8 CUSIP No. 698884103 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) WEDBUSH, Inc. --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 4. Citizenship or Place of Organization California --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 365,471 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 469,956 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 365,471 ---------------------------------------------- 8.Shared Dispositive Power 469,956 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 469,956 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) // --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 3.0% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- CO Page 2 of 8 CUSIP No. 698884103 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Edward W. Wedbush --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 4. Citizenship or Place of Organization United States of America --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 286,416 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 756,372 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 286,416 ---------------------------------------------- 8.Shared Dispositive Power 868,114 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 868,114 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) // --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 5.6% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- IN Page 3 of 8 CUSIP No. 698884103 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Wedbush Securities, Inc. --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 4. Citizenship or Place of Organization California --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 47,703 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 469,956 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 47,703 ---------------------------------------------- 8.Shared Dispositive Power 581,698 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 581,698 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 3.7% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- BD Page 4 of 8 Cusip No. 698884103 PAR TECHNOLOGY CORPORATION --------------------------------------------------------------------- Item 1. Name and Address of Issuer. (a) This statement relates to the shares of the common stock of PAR TECHNOLOGY CORPORATION ("Issuer"). (b) Issuer's address: 8383 Seneca Turnpike New Hartford, NY 13413-4991 Item 2. Filers (a) This statement is filed by WEDBUSH, Inc. ("WI"), Edward W. Wedbush ("EWW"), and Wedbush Securities Inc ("WS"). (b) Business address of the above filers are as follows: WI - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457 EWW - P.O. Box 30014, Los Angeles, CA 90030-0014 WS - P.O. Box 20014, Los Angeles CA 90030-0014 (c) WI is a California corporation. EWW is a citizen of the United States of America. WS is a California corporation (d) Common stock (e) 698884103 Item 3. Classification of Filers (a) WI is a control person (b) - (j) Not applicable (g) WS is a broker/dealer Page 5 of 8 Item 4. Ownership (a) WI has sole ownership of 365,471 Shares of the Issuer, and EWW has sole ownership of 286,416 Shares; WS has sole ownership of 47,703 shares. (b) Of the Shares outstanding, WI owns approximately 2.35%; EWW owns approximately 1.84%; and WS owns 0.31% (c) Number of Shares as to which the filer has: (i) Sole power to vote: WI has sole power to vote on 365,471 Shares; EWW has 286,416 sole Shares; and WS has 47,703 sole Shares. (ii) Shared power to vote: WI has 469,956 Shares; EWW has 756,372 Shares; and WS has 469,956. (iii) Sole power to dispose: WI has sole power to dispose on 365,471 Shares; EWW has 286,416 Shares to dispose; and WS has 47,703 to dispose. (iv) Shared power to dispose; WI has 469,956 Shares; EWW has 868,114 Shares; and WS has 581,698. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another. Not applicable. Item 7. Identification and Classification of Subsidiary which Acquired the Securities Being Reported on by the Parent Holding Company. Not Applicable. Page 6 of 8 Item 8. Identification and Classification of Members of a Group. Name Category No.ofShares Percentage WEDBUSH, Inc. CO 365,471 2.35% Edward W. Wedbush IN 286,416 1.84% Wedbush Securities, Inc BD 47,703 0.31% Edward W. Wedbush owns approximately 50% of the issued and outstanding shares of WEDBUSH, Inc., which is the sole shareholder of Wedbush Securities Inc. Mr. Wedbush is also the Chairman of the Board of WEDBUSH, Inc. and the President of Wedbush Securities Inc. The foregoing should not be construed as an admission of beneficial ownership of the securities held or controlled by WEDBUSH, Inc. or Wedbush Securities Inc. Item 9. Notice of Dissolution of Group. Not applicable. Page 7 of 8 Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the Issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. WEDBUSH, Inc. 02/17/2015 --------------------------- Date ERIC D. WEDBUSH ------------------ Eric D. Wedbush --------------------------- Signature ERIC D. WEDBUSH ------------------ Eric D. Wedbush/ President --------------------------- Name/Title Edward W. Wedbush 02/17/2015 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Name/Title Page 8 of 8 Wedbush Securities, Inc. 02/17/2015 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature Edward W. Wedbush/ President --------------------------- Name/Title