SEC Form 4 · accession 0001209191-16-153970
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
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 5:45 pm EST
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 | Dec 5, 2016 | M | 13,586 | $3.96 | A | 160,029 | D | |
| Common StockF2,F1 | Dec 5, 2016 | S | 13,586 | $5.4019 | D | 146,443 | D | |
| Common StockF1 | Dec 6, 2016 | M | 16,054 | $3.96 | A | 162,497 | D | |
| Common StockF3,F1 | Dec 6, 2016 | S | 16,054 | $5.3869 | D | 146,443 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4 | $3.96 | Dec 5, 2016 | M | 13,586 | D | — | Jun 22, 2017 | Common Stock | 13,586 | 16,054 | D |
| Stock OptionF4 | $3.96 | Dec 6, 2016 | M | 16,054 | D | — | Jun 22, 2017 | Common Stock | 16,054 | 0 | D |
Explanation of responses
- F1Includes 5,000 shares of restricted stock that vest on June 27, 2017.
- F2The sale price indicated is a weighted average selling price. The corresponding shares were sold in multiple transactions at prices ranging from $5.35 to $5.475, 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 sale price indicated is a weighted average selling price. The corresponding shares were sold in multiple transactions at prices ranging from $5.35 to $5.50, 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.
- F4The option exercises reported on this Form 4 represent the exercise of a stock option granted on June 23, 2010, which vested 1/3 on June 23, 2011, 1/3 on June 23, 2012, and 1/3 on June 23, 2013.