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
  1. 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").
  2. 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.
  3. 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.
  4. 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.