SEC Form 4 · accession 0000899243-18-022821

PRGX GLOBAL, INC. · PRGX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Aug 16, 2018

Accepted (ET)

Aug 20, 2018 · 6:12 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001007330

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Aug 16, 2018	P	7,310	$8.9459	A	1,875,925	I	See Fn.
Common Stock^F1,F2	Aug 17, 2018	P	1,550	$8.95	A	1,877,475	I	See Fn.
Common Stock^F1,F2	Aug 20, 2018	P	22,065	$9.2312	A	1,899,540	I	See Fn.
Common Stock^F3	holding	—	—		—	17,532	D

No Table II lines on this filing.

F1Represents shares of common stock, no par value (the "Common Stock"), of PRGX Global, Inc. (the "Issuer") directly beneficially purchased by a separate managed account (the "Managed Account") and directly beneficially owned by the Managed Account (174,722 shares of Common Stock) or Northern Right Capital (QP), L.P. ("Northern Right") (1,724,818 shares of Common Stock).
F2Mr. 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 investment manager for the Managed Account and 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.
F3Represents restricted stock units which represent (upon vesting) the right to receive one share of Common Stock per unit and were granted by the Issuer to Mr. Drapkin for his service as a director of the Issuer, 7,480 of which have vested and 10,052 of which will vest in full on the earlier of June 26, 2019 and the date of, and immediately prior to, the Issuer's 2019 annual meeting of shareholders.