0001209191-11-020233.txt : 20110331
0001209191-11-020233.hdr.sgml : 20110331
20110331102940
ACCESSION NUMBER: 0001209191-11-020233
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110329
FILED AS OF DATE: 20110331
DATE AS OF CHANGE: 20110331
ISSUER:
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: 1207
BUSINESS ADDRESS:
STREET 1: PAR TECHNOLOGY PARK
STREET 2: 8383 SENECA TURNPIKE
CITY: NEW HARTFORD
STATE: NY
ZIP: 13413
BUSINESS PHONE: 3157380600
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PRESCOTT GROUP CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001166152
STATE OF INCORPORATION: OK
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09720
FILM NUMBER: 11724224
BUSINESS ADDRESS:
STREET 1: 1924 S UTICA SUITEF 1120
CITY: TULSA
STATE: OK
ZIP: 74104
BUSINESS PHONE: 9187473412
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FROHLICH PHIL
CENTRAL INDEX KEY: 0001127429
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09720
FILM NUMBER: 11724223
MAIL ADDRESS:
STREET 1: 1924 SOUTH IRICA SUITE 1120
CITY: TULSA
STATE: OK
ZIP: 741046529
4
1
c14905_4x0.xml
MAIN DOCUMENT DESCRIPTION
X0303
4
2011-03-29
1
0000708821
PAR TECHNOLOGY CORP
PTC
0001166152
PRESCOTT GROUP CAPITAL MANAGEMENT LLC
1924 SOUTH UTICA, SUITE 1120
TULSA
OK
74104
0
0
1
0
0001127429
FROHLICH PHIL
1924 SOUTH UTICA, SUITE 1120
TULSA
OK
74104
0
0
1
0
Common Stock
2011-03-29
4
S
0
250000
4.57
D
1266634
I
See Footnote
The filing of this Form 4 shall not be construed as an admission that Prescott Group Capital Management, L.L.C. ("Prescott Capital") or Phil Frohlich, the manager of Prescott Capital, is or was, for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any of the shares of common stock of Par Technology Corporation (the "Common Stock") purchased by Prescott Group Aggressive Small Cap Master Fund, G.P. (the "Master Fund") for the accounts of Prescott Group Aggressive Small Cap, L.P. or Prescott Group Aggressive Small Cap II, L.P. (together, the "Small Cap Funds"). Pursuant to Rule 16a-1, both Prescott Capital and Phil Frohlich disclaim such beneficial ownership.
Prescott Capital holds indirectly 1,266,634 shares of Common Stock of Par Technology Corporation through the account of the Master Fund, of which the Prescott Capital is the Investment Manager. The Master Fund holds the shares of Common Stock for the accounts of the Small Cap Funds, of which Prescott Capital is the Investment Manager. Prescott Capital receives a portion of the profits in the way of a capital allocation from, and owns a partnership interest in, the Small Cap Funds. Phil Frohlich reports the shares held indirectly by Prescott Capital because, as the manager of Prescott Capital at the time of purchase, he controlled the disposition and voting of the securities.
/s/ Phil Frohlich, manager of Prescott Group Capital Management, L.L.C.
2011-03-31
/s/ Phil Frohlich
2011-03-31