Filing Details

Accession Number:
0001209191-18-019010
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-12 20:40:46
Reporting Period:
2018-03-05
Accepted Time:
2018-03-12 20:40:46
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 2018-03-05 6,715 $0.00 144,642 No 5 G Direct
Common Stock Acquisiton 2018-03-08 29,838 $0.00 174,480 No 4 M Direct
Common Stock Disposition 2018-03-08 9,453 $7.95 165,027 No 4 F Direct
Common Stock Acquisiton 2018-03-12 18,000 $7.41 183,027 No 4 M Direct
Common Stock Disposition 2018-03-12 18,000 $8.49 165,027 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-Based Restricted Stock Unit Disposition 2018-03-08 68,000 $0.00 68,000 $0.00
Common Stock Stock Option Disposition 2018-03-12 18,000 $0.00 18,000 $7.41
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 2018-05-22 No 4 M Direct
Footnotes
  1. Includes 17,000 shares of restricted stock that vest in three equal installments on each of March 30, 2018, 2019 and 2020.
  2. Surrender of stock upon vesting of Performance-Based Restricted Stock Units ("Units") to satisfy tax withholding obligations.
  3. The sale price indicated is a weighted average selling price. The corresponding shares were sold in multiple transactions at prices ranging from $8.40 to $8.75, 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 bought at each separate price within the ranges set forth herein.
  4. Each Unit corresponds to one share of common stock of the Company. Units that vested and became payable were payable 43% in common stock and 57% in cash. The Units were payable upon the determination by the Company's Compensation Committee on March 8, 2018 of the financial performance achieved by the Company for the two-year period ended December 31, 2017.
  5. The option exercises reported on this Form 4 represent the exercise of a stock option granted on May 23, 2011, which vested 1/3 on May 23, 2012, 1/3 on May 23, 2013, and 1/3 on May 23, 2014.