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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001209191-09-029388.txt : 20090528
<SEC-HEADER>0001209191-09-029388.hdr.sgml : 20090528
<ACCEPTANCE-DATETIME>20090528175128
ACCESSION NUMBER:		0001209191-09-029388
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090526
FILED AS OF DATE:		20090528
DATE AS OF CHANGE:		20090528

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:		7707796610

	MAIL ADDRESS:	
		STREET 1:		600 GALLERIA PARKWAY
		STREET 2:		STE 100
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30339-5949

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRG SCHULTZ INTERNATIONAL INC
		DATE OF NAME CHANGE:	20020125

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PROFIT RECOVERY GROUP INTERNATIONAL INC
		DATE OF NAME CHANGE:	19960207

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			COLE DAVID A
		CENTRAL INDEX KEY:			0001213389

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28000
		FILM NUMBER:		09858461

	MAIL ADDRESS:	
		STREET 1:		600 GALLERIA PARKWAY STE 100
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30339
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c86231_4x0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-05-26</periodOfReport>

    <issuer>
        <issuerCik>0001007330</issuerCik>
        <issuerName>PRG-SCHULTZ INTERNATIONAL, INC.</issuerName>
        <issuerTradingSymbol>PRGX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001213389</rptOwnerCik>
            <rptOwnerName>COLE DAVID A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>600 GALLERIA PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>ATLANTA</rptOwnerCity>
            <rptOwnerState>GA</rptOwnerState>
            <rptOwnerZipCode>30339</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-05-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8546</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14111</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.82</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2009-05-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8546</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2016-05-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8546</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8546</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Grant of restricted stock which will vest in full on the earlier of (i) May 26, 2010, or (ii) the date of, and immediately prior to, the 2010 Annual Meeting of Shareholders.</footnote>
        <footnote id="F2">The stock options are exercisable in full on or after the earlier of (i) May 26, 2010, or (ii) the date of, and immediately prior to, the 2010 Annual Meeting of Shareholders.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Victor A. Allums, as Attorney-in-Fact for David A. Cole</signatureName>
        <signatureDate>2009-05-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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