SEC Form 4 · accession 0001209191-18-039983
PRGX GLOBAL, INC. · PRGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F Kimble
Director
Period of report
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 8:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001007330
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | $0.00 | Jun 26, 2018 | A | 10,052 | A | — | — | Common Stock | 10,052 | 10,052 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, on vesting, one share of common stock.
- F2Grant of restricted stock units that vest in full on the later of (i) June 26, 2019 or (ii) the date of, and immediately prior to, the Company's 2019 annual meeting of shareholders. Pursuant to an election made by the Reporting Person under the PRGX Global, Inc. Deferred Compensation Plan for Non-Employee Directors (the "Plan"), receipt of the common stock will be deferred to a date subsequent to the vesting date. Upon vesting, each restricted stock unit will be converted into a Stock Unit under the Plan until the specified date, at which time the Stock Units will be converted to common stock and delivered to the Reporting Person. The Reporting Person has elected to defer receipt of the common stock until the Reporting Person separates from service as a Director of PRGX Global, Inc.