Ownership Submission
FORM 4
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
CORTESE GREGORY T
  2. Issuer Name and Ticker or Trading Symbol
PAR TECHNOLOGY CORP [PTC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, PTI
(Last)
(First)
(Middle)
8383 SENECA TURNPIKE
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2007
(Street)

NEW HARTFORD, NY 13413
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 03/06/2007   M   210 A $ 3.1667 270 D  
Common Stock 03/06/2007   S   210 D $ 9.0601 60 D  
Common Stock 03/06/2007   M   90 A $ 2.0417 150 D  
Common Stock 03/06/2007   S   90 D $ 9.0601 60 D  
Common Stock 03/06/2007   M   1,200 A $ 2.0417 1,260 D  
Common Stock 03/06/2007   S   1,200 D $ 9.06 60 D  
Common Stock 03/06/2007   M   1,400 A $ 2.0417 1,460 D  
Common Stock 03/06/2007   S   1,400 D $ 9.05 60 D  
Common Stock 03/06/2007   M   1,600 A $ 2.0417 1,660 D  
Common Stock 03/06/2007   S   1,600 D $ 9.05 60 D  
Common Stock 03/06/2007   M   1,057 A $ 2.0417 1,117 D  
Common Stock 03/06/2007   S   1,057 D $ 9.04 60 D  
Common Stock 03/07/2007   M   2,443 A $ 2.0417 2,503 D  
Common Stock 03/07/2007   S   2,443 D $ 9.05 60 D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Non-Qualified Stock Option (right to buy) $ 2.0417 03/06/2007   M     90 02/11/2001 08/11/2010 Common Stock 90 $ 9.0601 220,460 D  
Non-Qualified Stock Option (right to buy) $ 2.0417 03/06/2007   M     1,200 02/11/2001 08/11/2010 Common Stock 1,200 $ 9.06 219,260 D  
Non-Qualified Stock Option (right to buy) $ 2.0417 03/06/2007   M     1,400 02/11/2001 08/11/2010 Common Stock 1,400 $ 9.05 217,860 D  
Non-Qualified Stock Option (right to buy) $ 2.0417 03/06/2007   M     1,600 02/11/2001 08/11/2010 Common Stock 1,600 $ 9.05 216,260 D  
Non-Qualified Stock Option (right to buy) $ 2.0417 03/06/2007   M     1,057 02/11/2001 08/11/2010 Common Stock 1,057 $ 9.04 215,203 D  
Non-Qualified Stock Option (right to buy) $ 2.0417 03/07/2007   M     2,443 02/11/2001 08/11/2010 Common Stock 2,443 $ 9.05 212,760 D  
Non-Qualified Stock Option (right to buy) $ 3.1667 03/06/2007   M     210 06/30/2000 12/31/2009 Common Stock 210 $ 9.0601 97,290 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CORTESE GREGORY T
8383 SENECA TURNPIKE
NEW HARTFORD, NY 13413
      President, PTI  

Signatures

 By: Ronald J. Casciano For: Gregory T. Cortese   03/08/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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