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✔ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D. C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Title of Each Class Common Stock , $ .02 par For the Fiscal Year Ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Large Accelerated Filer Smaller reporting company □ For the Transition Period From PAR TECHNOLOGY CORPORATION ( Exact name of registrant as specified in its charter ) Delaware ( State or other jurisdiction of incorporation or organization ) value Commission File Number 1-09720 Securities registered pursuant to Section 12 ( b ) of the Act : to PAR Technology Park , 8383 Seneca Turnpike , New Hartford , New York 13413-4991 ( Address of principal executive offices , including zip code ) ( 315 ) 738-0600 ( Registrant's telephone number , including area code ) Trading Symbol 16-1434688 ( I.R.S. Employer Identification Number ) PAR Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes þ No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No p Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes þ No □ Accelerated Filer þ Emerging growth company Name of Each Exchange on Which Registered New York Stock Exchange Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T §232.405 of the Chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes þ No □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company or an emerging growth company . See the definitions of " large accelerated filer " , " accelerated filer " , " smaller reporting company " , and " emerging growth company " in Rule 12b - 2 of the Exchange Act .: Non Accelerated Filer If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Yes No Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes No p The aggregate market value of the registrant's voting common stock held by non - affiliates ( computed by reference to the price at which the common stock was last sold ) was $ 499,049,498 on June 30 , 2020 . There were 21,964,151 shares of common stock outstanding as of March 10 , 2021 . DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's definitive proxy statement for its 2021 Annual Meeting of Stockholders are incorporated by reference into Items 10 , 11 , 12 , 13 and 14 of Part III of this Annual Report on Form 10 - K .