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PAR TECHNOLOGY CORPORATION

(PAR)
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PAR TECHNOLOGY CORP : Change in Directors or Principal Officers, Regulation FD Disclosure (form 8-K)

04/12/2021 | 07:33am EDT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers.


On April 9, 2021, John W. Sammon Jr. informed PAR Technology Corporation's ("PAR Technology") Board of Directors that he does not intend to stand for re-election as a Director at PAR Technology's 2021 annual meeting of stockholders (the "2021 Stockholders Meeting"), which is expected to be held on June 4, 2021. Mr. Sammon will complete his current term as a Director, which expires at the 2021 Stockholders Meeting. Concurrent with the conclusion of Mr. Sammon's current term as a Director, PAR Technology will reduce the size of the Board from six (6) to five (5) Directors.

Mr. Sammon's decision not to stand for re-election is not due to any disagreement with PAR Technology.

Item 7.01 Regulation FD Disclosure.

On April 12, 2021, PAR Technology issued a press release announcing Mr. Sammon's decision to not stand for re-election. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

(d) Exhibits.

  Exhibit   Exhibit Description
      No.

  99.1*     PAR Technology Corporation Press Release dated April 12, 2021.

      104   Cover Page Interactive Data File (embedded within the Inline XBRL document).


* The information in Item 7.01 and Exhibit 99.1 of this Current Report on Form

8-K shall not be deemed "filed" for purposes of Section 18 of the Securities

Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to

the liabilities of that section, nor shall it be deemed incorporated by

reference in any filing under the Securities Act of 1933, as amended, or the

Exchange Act, except as expressly set forth by specific reference in such a

filing.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

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