Sec Form 3 Filing - KING CATHY A @ PAR TECHNOLOGY CORP - 2022-02-11

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person KING CATHY A 2. Issuer Name and Ticker or Trading Symbol PAR TECHNOLOGY CORP [ PAR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) VP, GEN COUNSEL & CORP SEC (Last) (First) (Middle) C/O PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE 3. Date of Earliest Transaction (MM/DD/YY) 02/11/2022 (Street) NEW HARTFORD, NY13413 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 7,011( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (right to buy) $ 5.12 ( 2 ) 07/29/2026 Common Stock 20,000 D Employee Stock Option (right to buy) $ 22.18 ( 3 ) 08/13/2028 Common Stock 3,188 D Employee Stock Option (right to buy) $ 24.87 ( 4 ) 08/09/2029 Common Stock 5,382 D Employee Stock Option (right to buy) $ 35.17 ( 5 ) 08/11/2030 Common Stock 960 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KING CATHY A C/O PAR TECHNOLOGY CORPORATION 8383 SENECA TURNPIKE NEW HARTFORD, NY13413 VP, GEN COUNSEL & CORP SEC Signatures /s/ Cathy A. King 02/18/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes (1) a grant of 3,740 restricted stock units that vest in one-third increments on March 31, 2022, March 31, 2023 and March 31, 2024; and (2) a grant of 1,944 restricted stock units, with 50% of the restricted stock units vesting in one-third increments on March 31, 2022, March 31, 2023 and March 31, 2024 and the remaining 50% of the restricted stock units vesting in one-third increments on March 31,2022, March 31, 2023 and March 31, 2024 in a range from 0% to 160% based on the achievement of certain performance targets. ( 2 )Option vested in equal installments on July 29, 2017, July 29, 2018 and July 29, 2019. ( 3 )Option vested in equal installments on August 13, 2019, August 13, 2020 and August 13, 2021. ( 4 )Option vests in equal installments on August 9, 2020, August 9, 2021 and August 9, 2022. ( 5 )Option vests in equal installments on August 11, 2021, August 11, 2022 and August 11, 2023.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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