SEC Form 4 · accession 0001209191-18-020327
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
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 5:49 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 14, 2018 | M | 6,800 | $5.55 | A | 171,827 | D | |
| Common StockF1 | Mar 14, 2018 | S | 6,800 | $9.00 | D | 165,027 | D | |
| Common StockF2,F1 | Mar 14, 2018 | S | 3,203 | $9.0016 | D | 161,824 | D | |
| Common StockF1 | Mar 15, 2018 | M | 5,000 | $5.55 | A | 166,824 | D | |
| Common StockF3,F1 | Mar 15, 2018 | S | 5,000 | $8.9624 | D | 161,824 | D | |
| Common StockF4,F1 | Mar 15, 2018 | S | 14,164 | $8.9587 | D | 147,660 | D | |
| Common StockF5,F1 | Mar 16, 2018 | S | 9,531 | $8.9736 | D | 138,129 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF6 | $5.55 | Mar 14, 2018 | M | 6,800 | D | — | Jun 16, 2020 | Common Stock | 6,800 | 23,200 | D |
| Stock OptionF6 | $5.55 | Mar 15, 2018 | M | 5,000 | D | — | Jun 16, 2020 | Common Stock | 5,000 | 18,200 | D |
Explanation of responses
- F1Includes 17,000 shares of restricted stock that vest in three equal installments on each of March 30, 2018, 2019 and 2020.
- F2The sale price indicated is a weighted average selling price. The corresponding shares were sold in multiple transactions at prices ranging from $9.00 to $9.05, 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 sold 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 $8.90 to $9.05, 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 sold at each separate price within the ranges set forth herein.
- F4The sale price indicated is a weighted average selling price. The corresponding shares were sold in multiple transactions at prices ranging from $8.90 to $9.10, 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 sold at each separate price within the ranges set forth herein.
- F5The sale price indicated is a weighted average selling price. The corresponding shares were sold in multiple transactions at prices ranging from $8.90 to $9.05, 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 sold at each separate price within the ranges set forth herein.
- F6The option exercises reported on this Form 4 represent the exercise of a stock option granted on June 17, 2013 which vested 1/3 on June 17, 2014, 1/3 on June 17, 2015 and 1/3 on June 17, 2016.