-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QI0qM2eN9VkJNh6yH48doNREYXQZmlfZgOtwuRrwdSNRr4agqfmN96IxDBGt9kUz
 OHbA98V/MDCY38WKzZR6fg==

<SEC-DOCUMENT>0001038838-04-000123.txt : 20040220
<SEC-HEADER>0001038838-04-000123.hdr.sgml : 20040220
<ACCEPTANCE-DATETIME>20040220181817
ACCESSION NUMBER:		0001038838-04-000123
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040219
FILED AS OF DATE:		20040220

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:				112050317
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		333 MAIN STREET, SUITE 300
		STREET 2:		P.O. BOX 5000
		CITY:			PARK CITY
		STATE:			UT
		ZIP:			84060
		BUSINESS PHONE:		435-649-2221

	MAIL ADDRESS:	
		STREET 1:		333 MAIN STREET, SUITE 300
		STREET 2:		P.O. BOX 5000
		CITY:			PARK CITY
		STATE:			UT
		ZIP:			84060

	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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JENSEN PETER
		CENTRAL INDEX KEY:			0001242303

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-03718
		FILM NUMBER:		04620397

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX
		CITY:			PARK CITY
		STATE:			UT
		ZIP:			84060
		BUSINESS PHONE:		435-645-2221

	MAIL ADDRESS:	
		STREET 1:		PO BOX 5000
		CITY:			PARK CITY
		STATE:			UT
		ZIP:			84060
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4jensen021904_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-02-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000050471</issuerCik>
        <issuerName>PARK CITY GROUP INC</issuerName>
        <issuerTradingSymbol>PKCY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001242303</rptOwnerCik>
            <rptOwnerName>JENSEN PETER</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 5000</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PARK CITY</rptOwnerCity>
            <rptOwnerState>UT</rptOwnerState>
            <rptOwnerZipCode>84060</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-02-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>133336</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>133336</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Common Stock issued in accordance with executive stock agreement dated October 1, 2002.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Peter Jensen</signatureName>
        <signatureDate>2004-02-20</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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