Filing Details

Accession Number:
0001209191-11-025482
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-02 20:57:30
Reporting Period:
2011-04-28
Filing Date:
2011-05-02
Accepted Time:
2011-05-02 20:57:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1007330 Prgx Global Inc. PRGX Services-Engineering, Accounting, Research, Management (8700) 582213805
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1353392 A Victor Allums 600 Galleria Parkway
Suite 100
Atlanta GA 30339
Svp & General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-04-28 14,000 $7.52 130,609 No 4 S Direct
Common Stock Acquisiton 2011-05-02 26,898 $0.00 157,507 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Unit Disposition 2011-05-02 44,831 $0.00 44,831 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. The sale price indicated is a weighted average sale price. The corresponding shares were sold in multiple transactions at prices ranging from $7.46 to $7.58, inclusive. The reporting person undertakes to provide to PRGX Global, Inc., any security holder of PRGX Global, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
  2. Includes the following shares of restricted stock: (a) 12,695 shares which will vest in two equal installments on each of May 26, 2011, and 2012; (b) 4,920 shares which will vest in full on September 17, 2011; (c) 29,640 shares which will vest in three equal installments on each of June 23, 2011, 2012, and 2013, and (d) 14,667 shares which will vest subject to PRGX Global, Inc. meeting a cumulative Adjusted EBITDA target for the three-year period ending December 31, 2011.
  3. Each Performance Unit entitles the holder to the value of one common share. The Units are payable 60% in common stock and 40% in cash. One half of the Units vested at grant and one half vested in installments, each equaling 1/36th of the total number of Units, beginning October 17, 2006 and continuing until the Units were fully vested in March 2008. 25% of the units were paid on each of April 30, 2008, 2009 and 2010 and May 2, 2011.