SEC Form 4 · accession 0001209191-17-020818
PRGX GLOBAL, INC. · PRGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Cochrane
Officer — SVP, Global Client Operations
Period of report
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 4:28 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 13, 2017 | M | 8,333 | $3.96 | A | 90,458 | D | |
| Common StockF2,F1 | Mar 13, 2017 | S | 8,333 | $6.2188 | D | 82,125 | 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 | $3.96 | Mar 13, 2017 | M | 8,333 | D | — | Jun 22, 2017 | Common Stock | 8,333 | 0 | D |
Explanation of responses
- F1Includes 13,334 shares 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 $6.20 to $6.25, 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 exercises reported on this Form 4 represents an exercise of the option grant made 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.