SEC Form 4 · accession 0001209191-15-055206
PRGX GLOBAL, INC. · PRGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor A Allums
Officer — SVP & General Counsel
Period of report
Jun 17, 2015
Accepted (ET)
Jun 19, 2015 · 8:07 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 StockF1,F2 | Jun 17, 2015 | F | 3,285 | $4.36 | D | 150,982 | D | |
| Common StockF1,F3 | Jun 19, 2015 | F | 1,684 | $4.29 | D | 149,298 | D | |
| Common StockF3 | Jun 19, 2015 | M | 3,720 | $0.00 | A | 153,018 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitF4 | $0.00 | Jun 19, 2015 | M | 6,200 | D | — | — | Common Stock | 6,200 | 0 | D |
Explanation of responses
- F1Surrender of stock upon vesting of restricted stock to satisfy tax withholding obligations.
- F2Includes the following shares of restricted stock: (i) 5,050 shares that vest on June 19, 2015; (ii) 10,000 shares that vest on June 17, 2016; and (iii) 15,000 shares that vest in three equal installments on each of June 27, 2015, 2016 and 2017.
- F3Includes the following shares of restricted stock: (i) 10,000 shares that vest on June 17, 2016; and (ii) 15,000 shares that vest in three equal installments on each of June 27, 2015, 2016 and 2017.
- F4Each Performance Unit entitles the holder to the value of one common share. The Units are payable 60% in common stock and 40% in cash. The Units vested and were payable in equal installments on each of June 19, 2013, 2014 and 2015. One-third of the Performance Units were paid on each of June 19, 2013, 2014 and 2015.