0001415889-11-000625.txt : 20110714 0001415889-11-000625.hdr.sgml : 20110714 20110714201446 ACCESSION NUMBER: 0001415889-11-000625 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110714 DATE AS OF CHANGE: 20110714 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FIELDS RANDALL K CENTRAL INDEX KEY: 0001143335 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34941 FILM NUMBER: 11968928 MAIL ADDRESS: STREET 1: 3160 PINEBROOK ROAD CITY: PARK CITY STATE: UT ZIP: 84098 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PARK CITY GROUP INC CENTRAL INDEX KEY: 0000050471 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 371454128 FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 3160 PINEBROOK ROAD CITY: PARK CITY STATE: UT ZIP: 84098 BUSINESS PHONE: 435-645-2000 MAIL ADDRESS: STREET 1: 3160 PINEBROOK ROAD CITY: PARK CITY STATE: UT ZIP: 84098 FORMER COMPANY: FORMER CONFORMED NAME: FIELDS TECHNOLOGIES INC DATE OF NAME CHANGE: 20010626 FORMER COMPANY: FORMER CONFORMED NAME: AMERINET GROUP COM INC DATE OF NAME CHANGE: 19990803 FORMER COMPANY: FORMER CONFORMED NAME: EQUITY GROWTH SYSTEMS INC /DE/ DATE OF NAME CHANGE: 19951214 4 1 form4-07142011_050735.xml X0303 4 2011-06-30 0000050471 PARK CITY GROUP INC PCYG 0001143335 FIELDS RANDALL K 3160 PINEBROOK RD PARK CITY UT 84098 true true false false CHIEF EXECUTIVE OFFICER Common Stock 2011-06-30 4 J 0 2521 3.80 A 3949666 D Common Stock 2011-07-05 4 J 0 541 4.04 A 3950207 D Common Stock 2011-06-30 4 J 0 16394 3.80 A 30467 I By Fields Management Common Stock 2011-06-30 4 J 0 60000 1.10 A 90467 I By Fields Management Common Stock 651152 I By Riverview Financial Corp. Common Stock 30667 I By Spouse Series A Convertible Preferred Stock 10.00 2011-07-05 4 J 0 80 3.00 A 2011-07-05 Common Stock 267 6510 D Series B Convertible Preferred Stock 10.00 2010-06-30 Common Stock 874065 349626 I By Riverview Financial Corp. Series B Convertible Preferred Stock 10.00 2010-06-30 Common Stock 25000 10000 I By Spouse Shares were issued in lieu of cash compensation for bonus payable pursuant to Mr. Field's Employment Agreement, by and between the Company and Mr. Fields. Shares represent one-eighth of total grant, which grant vests ratably over eight years beginning June 30, 2010. Price of shares represents fair market value of shares on the date of original issuance, or June 30, 2010. Shares were issued in lieu of cash compensation at a 15% discount to fair market value, pursuant to the Company's Employee Stock Purchase Plan. Shares were issued in lieu of cash compensation for bonus payable pursuant to Fields Management's Services Agreement, by and between the Company and Fields Management. Shares represent one-eighth of total grant, which grant vests ratably over eight years beginning June 30, 2010. Price of shares represents fair market value of shares on the date of original issuance, or June 30, 2010. Shares represent one-tenth of total grant, which grant vests ratably over a ten year period beginning July 1, 2009, pursuant to the terms of the Services Agreement, by and between the Company and Fields Management. Price of shares represents fair market value of shares on the date of original issuance, or July 1, 2009. Shares were issued in lieu of cash dividends payable on Series A Convertible Preferred Stock. Series A Convertible Preferred Stock remains convertible so long as the shares remain issued and outstanding Series B Convertible Preferred Stock remains convertible so long as the shares remain issued and outstanding. /s/ Randall K. Fields 2011-07-14