SEC Info - Walsh Simone C - ‘4’ for 11/15/19 re: PRGX Global, Inc.

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<issuerName> PRGX GLOBAL, INC. </issuerName>

</issuer>

<rptOwnerName> Walsh Simone C </rptOwnerName>

</reportingOwnerId>

<rptOwnerStreet1> 600 GALLERIA PARKWAY </rptOwnerStreet1>

<rptOwnerStreet2> SUITE 100 </rptOwnerStreet2>

<rptOwnerCity> ATLANTA </rptOwnerCity>

</reportingOwnerAddress>

<officerTitle> Controller </officerTitle>

</reportingOwnerRelationship>

</reportingOwner>

<value> Common Stock </value>

</securityTitle>

</transactionDate>

</transactionCoding>

</transactionTimeliness>

</transactionShares>

</transactionPricePerShare>

</transactionAcquiredDisposedCode>

</transactionAmounts>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

</ownershipNature>

</nonDerivativeTransaction>

</nonDerivativeTable>

<value> Performance-Based Restricted Stock Unit </value>

</securityTitle>

</conversionOrExercisePrice>

</transactionDate>

</transactionCoding>

</transactionTimeliness>

</transactionShares>

</transactionPricePerShare>

</transactionAcquiredDisposedCode>

</transactionAmounts>

</exerciseDate>

</expirationDate>

<value> Common Stock </value>

</underlyingSecurityTitle>

</underlyingSecurityShares>

</underlyingSecurity>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

</ownershipNature>

</derivativeTransaction>

</derivativeTable>

<footnote id="F1"> Grant of restricted stock that vests in three equal installments on each of November 15, 2020, 2021 and 2022. </footnote>

<footnote id="F2"> Includes (i) 3,534 shares of restricted stock that vest in two equal installments on each of May 29, 2020 and 2021 and (ii) 15,000 shares of restricted stock that vest in three equal installments on each of November 15, 2020, 2021 and 2022. </footnote>

<footnote id="F3"> Each Performance-Based Restricted Stock Unit ("Unit") corresponds to a share of common stock of the Company. If vested, 100% of the vested Units will be paid in whole shares of common stock. 35% of the Units vest and become payable based on the cumulative revenue from continuing operations and 65% of the Units vest and become payable based on the cumulative adjusted EBITDA from continuing operations that the Company achieves, in each case, for the two-year performance period ending December 31, 2020. The Units will become payable, if at all, no later than 30 days after the Company's Compensation Committee determines the performance criteria achieved for the performance period (which determination cannot, in any event, be earlier than January 2021 or after April 2021). </footnote>

<footnote id="F4"> At the threshold performance level, 60% of the Units will become vested and payable; at the target performance level, 100% of the Units will become vested and payable; and at the maximum performance level, 150% of the Units will become vested and payable. If performance falls between the stated performance levels the percentage of Units that shall become vested and payable will be based on a straight line interpolation between such stated performance levels (although the Units may not become vested and payable for more than 150% of the Units and no Units shall become vested and payable if performance does not equal or exceed the applicable threshold performance level). </footnote>

</footnotes>

<signatureName> /s/ Victor A. Allums as Attorney-in-Fact for Simone C. Walsh </signatureName>

</ownerSignature>

</ownershipDocument>

Walsh Simone C – ‘4’ for 11/15/19 re: PRGX Global, Inc.

On: Tuesday, 11/19/19, at 4:12pm ET · For: 11/15/19 · Accession #: 1209191-19-57135 · File #: 0-28000

Previous ‘4’: ‘4’ on 5/31/19 for 5/29/19 · Next: ‘4’ on 2/14/20 for 2/13/20 · Latest: ‘4’ on 12/21/22 for 11/21/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Walsh Simone C – ‘4’ for 11/15/19 re: PRGX Global, Inc.

On: Tuesday, 11/19/19, at 4:12pm ET · For: 11/15/19 · Accession #: 1209191-19-57135 · File #: 0-28000

Previous ‘4’: ‘4’ on 5/31/19 for 5/29/19 · Next: ‘4’ on 2/14/20 for 2/13/20 · Latest: ‘4’ on 12/21/22 for 11/21/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents