Filing Details
- Accession Number:
- 0000899243-16-033362
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-14 17:50:14
- Reporting Period:
- 2016-11-10
- Filing Date:
- 2016-11-14
- Accepted Time:
- 2016-11-14 17:50:14
- 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 |
---|---|---|---|---|---|---|---|
1458693 | A Matthew Drapkin | C/O Northern Right Capital Management Lp 10 Corbin Drive, 3Rd Floor Darien CT 06820 | Yes | No | 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 | Acquisiton | 2016-11-14 | 200,000 | $5.00 | 1,283,365 | No | 4 | P | Indirect | See Fn. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See Fn. |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options | Acquisiton | 2016-11-10 | 35,000 | $0.00 | 35,000 | $4.80 |
Common Stock | Stock Options | Acquisiton | 2016-11-10 | 20,417 | $0.00 | 20,417 | $4.80 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
35,000 | 2023-11-09 | No | 4 | A | Direct | |
55,417 | 2023-11-09 | No | 4 | A | Direct |
Footnotes
- Represents shares of common stock, no par value (the "Common Stock"), of PRGX Global, Inc. (the "Issuer") directly beneficially owned by Northern Right Capital (QP), L.P. ("Northern Right").
- Mr. Drapkin may be deemed to beneficially own such Common Stock as he is a member of BC Advisors, LLC, which is the general partner of Northern Right Capital Management, L.P., and Northern Right Capital Management, L.P. is the general partner of, and investment manager for, Northern Right. Mr. Drapkin disclaims beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein.
- These Stock Options, granted by the Issuer to Mr. Drapkin upon his appointment as a director of the Issuer; will vest in full on November 9, 2019, with pro rata acceleration upon a change of control of the Issuer.
- These Stock Options, granted by the Issuer to Mr. Drapkin for his service as a director of the Issuer, will vest on the earlier of (a) June 27, 2017 and (b) the date of the Issuer's 2017 annual meeting of shareholders.