SEC Form 4 · accession 0001209191-15-055213
PRGX GLOBAL, INC. · PRGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tushar K. Sachdev
Officer — SVP Global Shared Services/CIO
Period of report
Jun 17, 2015
Accepted (ET)
Jun 19, 2015 · 8:27 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 | Jun 17, 2015 | M | 1,250 | $0.00 | A | 13,279 | D | |
| Common StockF2 | Jun 17, 2015 | F | 405 | $4.36 | D | 12,874 | D | |
| Common StockF1 | Jun 17, 2015 | M | 3,750 | $0.00 | A | 16,624 | D | |
| Common StockF2 | Jun 17, 2015 | F | 1,216 | $4.36 | D | 15,408 | D | |
| Common StockF1 | Jun 19, 2015 | M | 1,000 | $0.00 | A | 16,408 | D | |
| Common StockF2 | Jun 19, 2015 | F | 324 | $4.29 | D | 16,084 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | $0.00 | Jun 17, 2015 | M | 1,250 | D | — | — | Common Stock | 1,250 | 1,250 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Jun 17, 2015 | M | 3,750 | D | — | — | Common Stock | 3,750 | 3,750 | D |
| Restricted Stock UnitF1,F4 | $0.00 | Jun 19, 2015 | M | 1,000 | D | — | — | Common Stock | 1,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, on vesting, one share of common stock.
- F2Surrender of stock upon vesting of restricted stock units to satisfy tax withholding obligations.
- F3Restricted stock unit award vests in three equal installments on each of June 17, 2014, 2015 and 2016. One-third vested on June 17, 2014 and 2015 and one-third will vest on June 17, 2016.
- F4Restricted stock unit award vests in three equal installments on each of June 19, 2013, 2014 and 2015. One-third vested on each of June 19, 2013, 2014 and 2015.