-----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, ScPwcn23zjpT3GbtrwEqaKygM+026qV9C5VZHdlqPCA0UyAnVw//JLNyuT3m0GuA din9rKJjbT2p7awdWnnDFw== 0001215429-05-000003.txt : 20050802 0001215429-05-000003.hdr.sgml : 20050802 20050802172648 ACCESSION NUMBER: 0001215429-05-000003 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050729 FILED AS OF DATE: 20050802 DATE AS OF CHANGE: 20050802 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: MCCURRY JAMES B CENTRAL INDEX KEY: 0001215429 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-28000 FILM NUMBER: 05993023 MAIL ADDRESS: STREET 1: C/O INTERSTATE HOTELS & RESORTS STREET 2: 4501 NORTH FAIRFAX DRIVE, SUITE 800 CITY: ARLINGTON STATE: VA ZIP: 22203 4/A 1 edgar.xml PRIMARY DOCUMENT X0202 4/A 2005-07-29 2005-08-02 0001007330 PRG SCHULTZ INTERNATIONAL INC PRGX 0001215429 MCCURRY JAMES B 600 GALLERIA PARKWAY, SUITE 100 ATLANTA GA 30339 1 1 0 0 CEO & President Inducement Stock Option (Right to Buy) 3.16 2005-07-29 4 A 0 2000000 0 A 2006-07-29 2012-07-29 Common Stock 2000000 2000000 D One of two tranches of the option, representing the right to purchase 500,000 shares, will time vest and become exerciserable on July 29, 2006. The second tranche representing the right to purchase 1,500,000 shares will be subject to specific performance criteria and become excercisable in three tiers of 500,000 shares each as follows: Tier 1 will become exercisable at any time after July 29, 2006, if the closing market price per share of the Company's Common Stock is $4.50 or higher for 45 consecutive trading days after July 29, 2006. Tier 2 will become exercisable at any time after July 29, 2007, if the closing market price per share of the Company's Common Stock is $6.50 or higher for 45 consecutive trading days after July 29, 2007. Tier 3 will become exercisable at any time after July 29, 2008, if the closing market price per share of the Company's Common Stock is $8.00 or higher for 45 consecutive trading days after July 29, 2008. Perfomance criteria in vesting schedule above was amended to reflect correct $8.00 per share price for Tier 3 performance options. /s/ James B. McCurry 2005-08-02 -----END PRIVACY-ENHANCED MESSAGE-----