4//SEC Filing
Robinson Larry Mel 4
Accession 0001209191-09-023846
CIK 0001007330other
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 6:30 PM ET
Size
8.1 KB
Accession
0001209191-09-023846
Insider Transaction Report
Form 4
Robinson Larry Mel
SVP & President- Americas
Transactions
- Exercise/Conversion
Performance Unit
2009-04-30−44,831→ 89,662 totalExercise: $0.00→ Common Stock (44,831 underlying) - Exercise/Conversion
Common Stock
2009-04-30+26,898→ 116,532 total
Footnotes (2)
- [F1]Includes 44,760 shares of restricted stock, of which 19,138 shares will vest in three equal installments on each of September 17, 2009, 2010 and 2011. Vesting of the remaining 25,622 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.
Documents
Issuer
PRG-SCHULTZ INTERNATIONAL, INC.
CIK 0001007330
Entity typeother
Related Parties
1- filerCIK 0001339565
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 6:30 PM ET
- Size
- 8.1 KB