SEC Form 4 · accession 0001209191-16-108208
PRGX GLOBAL, INC. · PRGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Puneet Pamnani
Officer — SVP & Chief Strategy Officer
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 6:04 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 | Mar 10, 2016 | M | 3,606 | $2.82 | A | 77,630 | D | |
| Common StockF2,F1 | Mar 10, 2016 | S | 3,606 | $4.6093 | D | 74,024 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $2.82 | Mar 10, 2016 | M | 3,606 | D | — | May 25, 2016 | Common Stock | 3,606 | 0 | D |
Explanation of responses
- F1Includes the following shares of restricted stock: (i) 6,000 shares that on June 17, 2016; and (ii) 13,334 shares that vest in two equal installments on each of June 27, 2016 and 2017.
- F2The sale price indicated is a weighted average selling price. The corresponding shares were sold in multiple transactions at prices ranging from $4.6083 to $4.61, 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.
- F3The option exercise reported on this Form 4 represents an exercise of the option grant made on May 26, 2009, which vested 1/3 on May 26, 2010, 1/3 on May 26, 2011, and 1/3 on May 26, 2012.