4//SEC Filing
Schroeder P David 4
Accession 0001209191-09-023853
CIK 0001007330other
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 6:36 PM ET
Size
7.9 KB
Accession
0001209191-09-023853
Insider Transaction Report
Form 4
Schroeder P David
SVP & CIO
Transactions
- Exercise/Conversion
Performance Unit
2009-04-30−24,607→ 24,607 totalExercise: $0.00→ Common Stock (24,607 underlying) - Exercise/Conversion
Common Stock
2009-04-30+14,764→ 31,875 total
Footnotes (2)
- [F1]Includes 17,111 shares of restricted stock, of which 4,889 shares will vest in three equal installments on each of September 17, 2009, 2010 and 2011. Vesting of the remaining 12,222 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. The Units vest in four equal installments on each of January 10, 2008, 2009, 2010, and 2011. 50% of the Performance Units were paid on April 30, 2009, 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 0001386784
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 6:36 PM ET
- Size
- 7.9 KB