-----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, KX6O9n83by/sKPdgmnrC3tBDBzzFlycon6s2t8A5CdRwD9CbZwxW5Dm3SA+xJDnJ 1DBW8vR/bWeRXYAW3INDqQ== 0001080171-07-000003.txt : 20070214 0001080171-07-000003.hdr.sgml : 20070214 20070214092824 ACCESSION NUMBER: 0001080171-07-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48923 FILM NUMBER: 07614023 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARISTEIA CAPITAL LLC CENTRAL INDEX KEY: 0001080171 IRS NUMBER: 133953132 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 136 MADISON AVE STREET 2: 3RD FL CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 212-842-8900 MAIL ADDRESS: STREET 1: 136 MADISON AVE STREET 2: 3RD FL CITY: NEW YORK STATE: NY ZIP: 10016 FORMER COMPANY: FORMER CONFORMED NAME: ARISTEIA ADVISORS LLC DATE OF NAME CHANGE: 19990226 SC 13G 1 prgx13gtextpad.txt PRGX13GSUBMISSION SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) PRG-Schultz International, Inc. (Name of Issuer) Common Stock, par value $0.00 per share (Title of Class of Securities) 69357C503 (CUSIP Number) December 31, 2006 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) x Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act")or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 69357C503 13G 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Aristeia Capital, LLC 13-3953132 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware 5 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE VOTING POWER 626,809 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 626,809 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 626,809 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.339% 12 TYPE OF REPORTING PERSON* IA, PN *SEE INSTRUCTIONS BEFORE FILLING OUT SCHEDULE 13G Item 1(a) Name of Issuer. PRG-Schultz International, Inc. Item 1(b) Address of Issuers Principal Executive Offices. 600 Galleria Parkway, Suite 100 Atlanta, GA 30339 Item 2(a) Name of Person Filing. This Schedule 13G (the "Schedule 13G") is being filed on behalf of each of the following persons (each a "Reporting Person"): (i) Aristeia Capital, LLC The Schedule 13G relates to Shares (as defined herein) of common stock of the Issuer held for the accounts of Aristeia Capital, LLC. Item 2(b) Address of Principal Business Office, or, if none, Residence. 136 Madison Avenue, 3rd Floor New York, NY 10016 Item 2(c) Citizenship or Place of Organization. (i) Aristeia Capital, LLC is a Delaware limited liability company. Item 2(d) Title of Class of Securities. Common Stock, par value $0.00 per share (the "Shares"). Item 2(e) CUSIP Number. 69357C503 Item 3 If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment advisor in accordance with section 240.13d-1 (b)(1)(ii)(E). (f) An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F). (g) A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G). (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) Group, in accordance with section 240.13d-1(b) (1)(ii)(J). Item 4 Ownership. Ownership as of December 31, 2006 is incorporated by reference to items (5),(9) and (11) of the cover page of the Reporting Person. Item 5 Ownership of Five Percent or Less of a Class. Not Applicable. Item 6 Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable. Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company. Not Applicable. Item 8 Identification and Classification of Members of the Group. Not Applicable. Item 9 Notice of Dissolution of Group. Not Applicable. Item 10 Certification. By signing below each of the Reporting Persons certifies that, to the best of such person's knowledge, and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Exhibits Not Applicable. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2007 ARISTEIA CAPITAL, LLC By: Aristeia Capital, LLC., By: /s/ Robert H. Lynch, Jr. Name: Robert H. Lynch, Jr. Title: Managing Member -----END PRIVACY-ENHANCED MESSAGE-----