-----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, MjizAotE6kPewArVIJ7e98v6ABXWy++WpXNt/e6p2hG2rn2ZvAYVR9klnNpn6x7l EOWqYGy1rXNgIVnMnCmMgQ== 0000938775-07-000087.txt : 20070918 0000938775-07-000087.hdr.sgml : 20070918 20070918210712 ACCESSION NUMBER: 0000938775-07-000087 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070915 FILED AS OF DATE: 20070918 DATE AS OF CHANGE: 20070918 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: BLUM STRATEGIC GP II LLC CENTRAL INDEX KEY: 0001233405 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28000 FILM NUMBER: 071123492 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4154341111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLUM STRATEGIC GP LLC CENTRAL INDEX KEY: 0001233404 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28000 FILM NUMBER: 071123493 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4154341111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RICHARD C BLUM & ASSOCIATES INC CENTRAL INDEX KEY: 0000847243 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28000 FILM NUMBER: 071123494 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 415-434-1111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 FORMER NAME: FORMER CONFORMED NAME: BLUM RICHARD C & ASSOCIATES INC DATE OF NAME CHANGE: 19931213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLUM CAPITAL PARTNERS LP CENTRAL INDEX KEY: 0000938775 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28000 FILM NUMBER: 071123495 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET # 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4154341111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 FORMER NAME: FORMER CONFORMED NAME: BLUM RICHARD C & ASSOCIATES L P DATE OF NAME CHANGE: 19970219 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2007-09-15 0001007330 PRG SCHULTZ INTERNATIONAL INC PRGX 0000938775 BLUM CAPITAL PARTNERS LP 909 MONTGOMERY STREET, SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 0000847243 RICHARD C BLUM & ASSOCIATES INC 909 MONTGOMERY STREET, SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 0001233404 BLUM STRATEGIC GP LLC 909 MONTGOMERY STREET, SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 0001233405 BLUM STRATEGIC GP II LLC 909 MONTGOMERY STREET, SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 Common Stock 53 D Common Stock 8300 D Common Stock 14762 D Common Stock 17870 D Common Stock 17376 D Common Stock 4767 D Common Stock 11770 D Common Stock 827640 D Common Stock 17065 D Series A Convertible Participating Preferred Stock 2007-09-15 4 J 0 0 A 2011-03-15 Common Stock 819 17 D Series A Convertible Participating Preferred Stock 2007-09-15 4 J 0 0 A 2011-03-15 Common Stock 267581 5553 D Series A Convertible Participating Preferred Stock 2007-09-15 4 J 0 0 A 2011-03-15 Common Stock 289120 6000 D Series A Convertible Participating Preferred Stock 2007-09-15 4 J 0 0 A 2011-03-15 Common Stock 314997 6537 D Series A Convertible Participating Preferred Stock 2007-09-15 4 J 0 0 A 2011-03-15 Common Stock 86447 1794 D Series A Convertible Participating Preferred Stock 2007-09-15 4 J 0 0 A 2011-03-15 Common Stock 708200 14697 D Series A Convertible Participating Preferred Stock 2007-09-15 4 J 0 0 A 2011-03-15 Common Stock 14601 303 D These securities are owned directly by Blum LP. They may be deemed to be owned indirectly by RCBA Inc., as described in Note (10). RCBA Inc. disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein. These shares are owned directly by BK Capital Partners IV, L.P. These securities are owned directly by Stinson Capital Partners, L.P. ("Stinson LP") These securities are owned directly by Stinson Capital Partners II, L.P These securities are owned directly by Stinson Capital Partners (QP), L.P. These securities are owned directly by Stinson Dominion, L.P. ("Stinson Dominion") These shares are owned directly by Blum Strategic Partners, L.P. ("Blum Strategic"). The shares also may be deemed to be owned indirectly by Blum Strategic GP, L.L.C. ("Blum GP"), the general partner of Blum Strategic. Blum GP disclaims beneficial ownership of these sharess, except to the extent of any pecuniary interest therein. These securities are owned directly by Blum Strategic Partners II, L.P ("Strategic II"). The securities also may be deemed to be owned indirectly by Blum Strategic GP II, L.L.C. ("Blum GP II"), the general partner of Strategic II. Blum GP II disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein. These securities are owned directly by Blum Strategic Partners II GMBH & Co. KG ("Strategic II KG"). The securities also may be deemed to be owned indirectly by Blum GP II, the managing limited partner of Strategic II KG. Blum GP II disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein. These securities may be deemed to be owned indirectly by the following parties: (i) Blum LP, the general partner of the limited partnerships described in Notes (2), (3), (4) (5) and (6); and (ii) Richard C. Blum & Associates, Inc. ("RCBA Inc."), the general partner of Blum LP. Blum LP and RCBA Inc. disclaim beneficial ownership in these securities, except to the extent of any pecuniary interest therein. Immediately exercisable. The Series A Convertible Participating Preferred Stock (the "Series A") accrues dividends at a cumulative annual rate of 9% of the then-effective liquidation preference per share on each of March 15 and September 15, commencing on September 15, 2006. Declared dividends are paid in cash. When dividends are undeclared on the dividend payment date, the liquidation preference on the Series A will be increased. On September 15, 2007, the liquidation preference for the Series A was $136.8744 per share, therefore each Series A share is convertible into 48.1867 shares of common stock at a conversion price of $2.8405 per share. See Attached Signature Page 2007-09-18 EX-99 2 prgxjntfilerinfop1.htm JOINT FILER INFORMATION 
                                  Exhibit 99

                            Joint Filer Information



Designated Filer:           BLUM CAPITAL PARTNERS, L.P.

Statement for Month/Day/Year:     September 18, 2007

Issuer & Symbol:                  PRG-Schultz International, Inc. (PRGX)



Address of each Reporting Person for this Form 4:

909 Montgomery Street, Suite 400, San Francisco, CA  94133

Relationship to Issuer of each Reporting Person:  10% Owner



Signatures



After reasonable inquiry and to the best of our knowledge

and belief, the undersigned certify that the information

set forth in this statement is true, complete and correct.



September 18, 2007



RICHARD C. BLUM & ASSOCIATES, INC.  BLUM CAPITAL PARTNERS, L.P.

                                    By: Richard C. Blum & Associates, Inc.,

                                        its general partner





By:  /s/ Gregory D. Hitchan         By:  /s/ Gregory D. Hitchan

     -----------------------             -----------------------

     Gregory D. Hitchan                  Gregory D. Hitchan

     Partner, Chief Operating Officer,   Partner, Chief Operating Officer,

     General Counsel and Secretary       General Counsel and Secretary







BLUM STRATEGIC GP, L.L.C.              BLUM STRATEGIC PARTNERS, L.P.

                                       By: BLUM STRATEGIC GP, L.L.C.,

                                            its general partner





By:  /s/ Gregory D. Hitchan            By:  /s/ Gregory D. Hitchan

     -------------------------              --------------------------

     Gregory D. Hitchan,                    Gregory D. Hitchan,

     Member and General Counsel             Member and General Counsel







BK CAPITAL PARTNERS IV, L.P.

STINSON CAPITAL PARTNERS, L.P.

STINSON CAPITAL PARTNERS II, L.P.

STINSON CAPITAL PARTNERS (QP), L.P.

STINSON DOMINION, L.P.

By: BLUM CAPITAL PARTNERS, L.P.,

      its general partner

By: Richard C. Blum & Associates, Inc.,

      its general partner





By:  /s/ Gregory D. Hitchan

     ----------------------

     Gregory D. Hitchan

     Partner, Chief Operating Officer,

     General Counsel and Secretary
EX-99 3 prgxjntfilerinfop2.htm JOINT FILER INFORMATION 
                                Exhibit 99

                         Joint Filer Information (cont.)





Designated Filer:             BLUM CAPITAL PARTNERS, L.P.

Statement for Month/Day/Year: September 18, 2007

Issuer & Symbol:              PRG-Schultz International, Inc. (PRGX)



Address of each Reporting Person for this Form 4:

909 Montgomery Street

Suite 400

San Francisco, CA  94133

Relationship to Issuer of each Reporting Person:  10% Owner







BLUM STRATEGIC GP II, L.L.C.       BLUM STRATEGIC PARTNERS II, L.P.

                                   By:  BLUM STRATEGIC GP II, L.L.C.,

                                        its general partner





By:  /s/ Gregory D. Hitchan        By:  /s/ Gregory D. Hitchan

     ----------------------             ----------------------

     Gregory D. Hitchan,                Gregory D. Hitchan,

     Managing Member                    Managing Member and General Counsel

     and General Counsel





BLUM STRATEGIC PARTNERS II GMBH & CO. KG

By:  BLUM STRATEGIC GP II, L.L.C.,

       its managing limited partner





By:  /s/ Gregory D. Hitchan

     ---------------------------

     Gregory D. Hitchan,

     Managing Member and General Counsel
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