-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KhtEsvQVaWp+vEp+t6YDty3o0xHKx2EIoEYxJTNG9qkQs2n3JkMUKOr6cDba8vdB kf1ojrZ1iBb2H8pROMVV2g== 0000914062-06-000532.txt : 20061003 0000914062-06-000532.hdr.sgml : 20061003 20061003164401 ACCESSION NUMBER: 0000914062-06-000532 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060929 FILED AS OF DATE: 20061003 DATE AS OF CHANGE: 20061003 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PRG SCHULTZ INTERNATIONAL INC CENTRAL INDEX KEY: 0001007330 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT [8700] IRS NUMBER: 582213805 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 600 GALLERIA PARKWAY STREET 2: STE 100 CITY: ATLANTA STATE: GA ZIP: 30339-5949 BUSINESS PHONE: 7707793311 MAIL ADDRESS: STREET 1: 600 GALLERIA PARKWAY STREET 2: STE 100 CITY: ATLANTA STATE: GA ZIP: 30339-5949 FORMER COMPANY: FORMER CONFORMED NAME: PROFIT RECOVERY GROUP INTERNATIONAL INC DATE OF NAME CHANGE: 19960207 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: White N Lee CENTRAL INDEX KEY: 0001367553 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28000 FILM NUMBER: 061125270 BUSINESS ADDRESS: BUSINESS PHONE: 770-779-3900 MAIL ADDRESS: STREET 1: C/O PRG-SCHULTZ INTERNATIONAL, INC. STREET 2: 600 GALLERIA PARKWAY, SUITE 100 CITY: ATLANTA STATE: GA ZIP: 30339 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2006-09-29 0001007330 PRG SCHULTZ INTERNATIONAL INC PRGX 0001367553 White N Lee PRG-SCHULTZ INTERNATIONAL, INC. 600 GALLERIA PKWY., STE. 100 ATLANTA GA 30339 0 1 0 0 Exec. VP - U.S. Performance Unit 0 2006-09-29 4 A 0 92203 0 A Common Stock 92203 92203 D 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 will vest in installments, each equaling 1/36th of the total number of Units granted, beginning October 17, 2006 and continuing on the 17th of each succeeding month. Units are held in a deferred compensation account which is initially payable 25% on April 30, 2008 and 75% on April 30, 2011. Payouts are subject to further deferral under the terms of the Issuer's 2006 Management Incentive Plan to a date no later than April 30, 2016. Until payout, Units are subject to anti-dilution adjustment, effected by the issuance of additional Units, upon conversions of the Issuer's Series A Preferred and 10% Senior Convertible Notes. The maximum number of Units that may be issued after accounting for such adjustments is 404,122. The Units are also subject to adjustment for stock splits and similar events.< /footnote> /s/ N. Lee White 2006-10-03 -----END PRIVACY-ENHANCED MESSAGE-----