SEC Form 4 · accession 0001209191-18-018999
PRGX GLOBAL, INC. · PRGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Limeri
Officer — Chief Financial Officer
Period of report
Mar 8, 2018
Accepted (ET)
Mar 12, 2018 · 8:21 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 8, 2018 | M | 39,492 | $0.00 | A | 92,882 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock UnitF2 | $0.00 | Mar 8, 2018 | M | 90,000 | D | — | — | Common Stock | 90,000 | 0 | D |
Explanation of responses
- F1Includes 20,000 shares of restricted stock that vest in three equal installments on each of March 30, 2018, 2019 and 2020.
- F2Each Unit corresponds to one share of common stock of the Company. Units that vested and became payable were payable 43% in common stock and 57% in cash. The Units were payable upon the determination by the Company's Compensation Committee on March 8, 2018 of the financial performance achieved by the Company for the two-year period ended December 31, 2017.