Cochrane Michael 4
4 · PRGX GLOBAL, INC. · Filed Mar 21, 2019
Insider Transaction Report
Form 4
Cochrane Michael
SVP, Global Client Operations
Transactions
- Exercise/Conversion
Performance-Based Restricted Stock Unit
2019-03-19+30,000→ 0 totalExercise: $0.00→ Common Stock (30,000 underlying) - Tax Payment
Common Stock
2019-03-19$8.16/sh−7,300$59,568→ 152,616 total - Exercise/Conversion
Common Stock
2019-03-19+24,052→ 159,916 total
Footnotes (3)
- [F1]Includes (i) 13,334 shares of restricted stock that vest in two equal installments on each of March 30, 2019 and 2020 and (ii) 16,115 shares of restricted stock that vest in three approximately equal installments on each of May 29, 2019, 2020 and 2021.
- [F2]Surrender of stock upon vesting of Performance-Based Restricted Stock Units ("Units") to satisfy tax withholding obligations.
- [F3]Each Unit corresponds to one share of common stock of the Company and Units that vested and became payable were payable in common stock. The Units were payable upon the determination by the Company's Compensation Committee on March 19, 2019 of the financial performance achieved by the Company for the two-year performance period ended December 31, 2018.