-----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, OsWQ2gjcNgCkgPLlM2QogPhgSi3J0UZdxDZb4qzWeXpaXPRja4ce8vEKQLC/iE3Q a+5EzbzcGCAnvcgZ3nDQ4g== 0001352497-07-000004.txt : 20070313 0001352497-07-000004.hdr.sgml : 20070313 20070313182333 ACCESSION NUMBER: 0001352497-07-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070313 FILED AS OF DATE: 20070313 DATE AS OF CHANGE: 20070313 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: Sandelman Partners, LP CENTRAL INDEX KEY: 0001352497 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28000 FILM NUMBER: 07691746 BUSINESS ADDRESS: STREET 1: 500 PARK AVENUE STREET 2: 3RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-299-7600 MAIL ADDRESS: STREET 1: 500 PARK AVENUE STREET 2: 3RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2007-03-13 1 0001007330 PRG SCHULTZ INTERNATIONAL INC PRGX 0001352497 Sandelman Partners, LP 500 PARK AVENUE 3RD FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock 2007-03-13 4 S 0 7600 14.6409 D 84 I See Note. 10% Senior Convertible Notes due 2011 6.5 2007-03-13 4 S 0 500000 1111150 D 2011-03-15 Common Stock 76923 2785647 I See Note. 10% Senior Convertible Notes due 2011 6.5 2007-03-13 4 S 0 500000 1158750 D 2011-03-15 Common Stock 76923 2285647 I See Note 10% Senior Convertible Notes due 2011 6.5 2007-03-13 4 S 0 400000 931920 D 2011-03-15 Common Stock 61540 1885647 I See Note. Pursuant to an investment advisory agreement between Sandelman Partners, LP ("Sandelman") and Sandelman Partners Multi-Strategy Master Fund, Ltd., Sandelman has voting and investment (including dispositive) power with respect to the securities reported herein which are owned by Sandelman Partners Multi-Strategy Master Fund, Ltd. Sandelman Partners GP, LLC is the general partner of Sandelman and Jonathan Sandelman is the Managing Member of Sandelman Partners GP, LLC. Each of Sandelman, Sandelman Partners GP, LLC and Jonathan Sandelman expressly disclaims beneficial ownership of the securities noted above, except to the extent of any pecuniary interest of such person in such securities. On March 13, 2007, Sandelman sold $500,000, $500,000, and $400,000, respectively, in aggregate principal amount of the 10% Senior Convertible Notes due 2011 ("Senior Notes"). The Senior Notes are convertible at the option of the holder at any time prior to maturity into shares of Common Stock at the then-effective conversion price for the Senior Notes, subject to anti-dilution and other adjustments described in the Senior Notes. As of March 13, 2007, the effective conversion price for the Senior Notes was $6.50 per share of Common Stock. Jonathan Sandelman 2007-03-13 -----END PRIVACY-ENHANCED MESSAGE-----