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