SEC Form 4 · accession 0001209191-17-042346
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 27, 2017
Accepted (ET)
Jun 29, 2017 · 5:09 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 27, 2017 | M | 10,000 | $0.00 | A | 43,452 | D | |
| Common StockF3,F2 | Jun 27, 2017 | F | 3,335 | $6.35 | D | 40,117 | 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,F4 | $0.00 | Jun 27, 2017 | M | 10,000 | D | — | — | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, on vesting, one share of common stock.
- F2Includes 17,000 shares of restricted stock that vest in three equal installments on each of March 30, 2018, 2019 and 2020.
- F3Surrender of stock upon vesting of restricted stock to satisfy tax withholding obligations.
- F4Restricted stock unit award vested in three equal installments on each June 27, 2015, 2016 and 2017.