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ROOS BRADLEY T 4

Accession 0001209191-09-023843

CIK 0001007330other

Filed

Apr 30, 8:00 PM ET

Accepted

May 1, 6:28 PM ET

Size

8.1 KB

Accession

0001209191-09-023843

Insider Transaction Report

Form 4
Period: 2009-04-30
ROOS BRADLEY T
SVP & Pres Eur. & Asia-Pacific
Transactions
  • Exercise/Conversion

    Common Stock

    2009-04-30+26,89892,819 total
  • Exercise/Conversion

    Performance Unit

    2009-04-3044,83189,662 total
    Exercise: $0.00Common Stock (44,831 underlying)
Footnotes (2)
  • [F1]Includes 36,523 shares of restricted stock, of which 16,784 shares will vest in three equal installments on each of September 17, 2009, 2010 and 2011. Vesting of the remaining 19,739 restricted shares is subject to PRG-Schultz International, Inc. meeting a cumulative Adjusted EBITDA target for the three-year period ending December 31, 2011.
  • [F2]Each Performance Unit entitles the holder to the value of one common share. The Units are payable 60% in common stock and 40% in cash. One half of the Units vested at grant and one half vested in installments, each equaling 1/36th of the total number of Units, beginning October 17, 2006 and continuing until the Units were fully vested in March 2008. 25% of the Performance Units were paid on April 30, 2008, and April 30, 2009, respectively, and 25% will become payable on each of April 30, 2010, and April 30, 2011. The Units are subject to adjustment for stock splits and similar events.

Issuer

PRG-SCHULTZ INTERNATIONAL, INC.

CIK 0001007330

Entity typeother

Related Parties

1
  • filerCIK 0001221142

Filing Metadata

Form type
4
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 6:28 PM ET
Size
8.1 KB