-----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, DBXRfM+2J6rJH/7656iRjS5gQ1A0UHw6LtxKKiKdFRCGkmCp/FYMwDGdSIYtZTb3 C/TnfOaMp0Z49HN6mpumKQ== 0000935836-10-000130.txt : 20100216 0000935836-10-000130.hdr.sgml : 20100215 20100216132624 ACCESSION NUMBER: 0000935836-10-000130 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PRGX GLOBAL, 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-48923 FILM NUMBER: 10605761 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: 20080327 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEINTRAUB CAPITAL MANAGEMENT, L.P. CENTRAL INDEX KEY: 0001056571 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 44 MONTGOMERY STREET STREET 2: SUITE 4100 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4152888950 MAIL ADDRESS: STREET 1: 44 MONTGOMERY STREET STREET 2: SUITE 4100 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FORMER COMPANY: FORMER CONFORMED NAME: WEINTRAUB CAPITAL MANAGEMENT DATE OF NAME CHANGE: 19990407 SC 13G/A 1 prgx13ga2.htm prgx13ga2.htm
 
 
 
CUSIP No. 69357C503


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
OMB Number:   3235-0145
Expires: February 28, 2009
Estimated average burden
hours per response 10.4

 
SCHEDULE 13G
 

 
Under the Securities Exchange Act of 1934
 
(Amendment No. 2)
 


PRGX Global, Inc.

(Name of Issuer)


Common Stock, No Par Value

(Title of Class of Securities)


69357C503

(CUSIP Number)


December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X]           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 person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in 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).

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.



SEC
 
1

 
CUSIP No. 69357C503



 
1.
Names of Reporting Persons.

 
Weintraub Capital Management, L.P.


 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)

 
(a)
______

 
(b)
 X
 


 
3.
SEC Use Only
 


 
4.
Citizenship or Place of Organization 
CA

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With:
5.           Sole Voting Power                                           _____
 
6.           Shared Voting Power                                                      1,985,530
 
7.           Sole Dispositive Power                                                      _____
8.           Shared Dispositive Power                                           1,985,530

 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person1,985,530


 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 
Instructions)______


 
11.
Percent of Class Represented by Amount in Row (9) 
8.6%


 
12.
Type of Reporting Person (See Instructions)


IA, PN
 

 
2

 
CUSIP No. 69357C503


 
1.
Names of Reporting Persons.

 
Weintraub Capital Management GP, LLC


 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)

 
(a)
______

 
(b)
 X
 


 
3.
SEC Use Only
 


 
4.
Citizenship or Place of Organization 
CA

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With:
5.           Sole Voting Power                                           _____
 
6.           Shared Voting Power                                                      1,985,530
 
7.           Sole Dispositive Power                                                      _____
8.           Shared Dispositive Power                                           1,985,530

 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person1,985,530


 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 
Instructions)______


 
11.
Percent of Class Represented by Amount in Row (9) 
8.6%


 
12.
Type of Reporting Person (See Instructions)


HC, OO
 

 

 
3

 
CUSIP No. 69357C503


 
1.
Names of Reporting Persons.


 
Jerald M. Weintraub


 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)

 
(a)
______

 
(b)
 X
 


 
3.
SEC Use Only
 


 
4.
Citizenship or Place of Organization 
CA

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With:
5.           Sole Voting Power                                           22,007
 
6.           Shared Voting Power                                                      1,985,530
 
7.           Sole Dispositive Power                                                      22,007
8.           Shared Dispositive Power                                           1,985,530

 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person2,007,537


 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 
Instructions)______


 
11.
Percent of Class Represented by Amount in Row (9) 
8.7%


 
12.
Type of Reporting Person (See Instructions)


HC, IN
 

 
4

 
CUSIP No. 69357C503


 
1.
Names of Reporting Persons.


 
Prism Partners IV Leveraged Offshore Fund


 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)

 
(a)
______

 
(b)
 X
 


 
3.
SEC Use Only
 


 
4.
Citizenship or Place of Organization 
Cayman Islands

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With:
5.           Sole Voting Power                                           _____
 
6.           Shared Voting Power                                                      871,892
 
7.           Sole Dispositive Power                                                      _____
8.           Shared Dispositive Power                                           871,892

 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person871,892


 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 
Instructions)______


 
11.
Percent of Class Represented by Amount in Row (9) 
3.8%


 
12.
Type of Reporting Person (See Instructions)


CO
 

 
5

 
CUSIP No. 69357C503


Item 1.

 
(a)
Name of Issuer

 
PRGX Global, Inc.
 
 

 
(b)
Address of Issuer's Principal Executive Offices

 
600 Galleria Parkway, Suite 100
 
Atlanta, Georgia  30339-5986
 
 

Item 2.

 
(a)
The names of the persons filing this statement are:

Weintraub Capital Management, L.P.
 

Weintraub Capital Management GP, LLC
 

Jerald M. Weintraub
 

Prism Partners IV Leveraged Offshore Fund (“PrismIV”)
 

 
 

 
 

 
(collectively, the "Filers").

 
(b)
The principal business office of the Filers is located at:

 
44 Montgomery Street, Suite 4100, San Francisco, CA  94104 for all filers except

Prism IV.  The address of Prism IV is c/o Citi Hedge Fund Services, Ltd.,
 

Hemisphere House, 9 Church Street, Hamilton, HM11, Bermuda
 


 
(c)
For citizenship of Filers, see Item 4 of the cover sheet for each Filer.

 
(d)
This statement relates to shares of common stock, no par value, of the Issuer (the "Stock").

 
(e)
The CUSIP number of the Issuer is:  69357C503

 
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CUSIP No. 69357C503


Item 3.
If this statement is filed pursuant to rule 240.13d-1(b) or 240.13d-2(b) or (c), 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)
[ X ]
An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E).  (As to Weintraub Capital Management, L.P.)

 
(f)
[    ]
An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F).

 
(g)
[ X ]
A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G).  (As to Weintraub Capital Management GP, LLC and Mr. Weintraub)

 
(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)
[    ]
A non-U.S. institution in accordance with §240.13d-1(b)(ii)(J).

 
(k)
[    ]
Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution _______________________________________________________________.

Item 4.
Ownership.

See Items 5-9 and 11 of the cover page for each Filer.

Item 5.
Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following    [X] (as to Prism IV).

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

Weintraub Capital Management, L.P. is an investment adviser whose clients have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock.  No client holds more than five percent of the outstanding Stock.

 
7

 
CUSIP No. 69357C503



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.

Weintraub Capital Management, L.P. is a registered investment adviser.  Weintraub Capital Management GP, LLC is the general partner of Weintraub Capital Management, L.P. and Jerald M. Weintraub is the manager of Weintraub Capital Management GP, LLC.  The Filers are filing this Schedule 13G jointly, but not as members of a group and each of them expressly disclaims membership in a group.  Each Filer disclaims beneficial ownership of the Stock except to the extent of that Filer's pecuniary interest therein.  In addition, the filing of this Schedule 13G on behalf of Prism IV should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner, as defined in rule 13d-3 under the Act, of any of the securities covered by this Schedule 13G.


Item 9.
Notice of Dissolution of Group

Not applicable.

Item 10.
Certification.

 
As to all Filers except Prism IV:

By signing below I certify that, to the best of my 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.
 

 
As to Prism IV:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.
 

 
8

 
CUSIP No. 69357C503



 
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.

Dated:           February 12, 2010

Weintraub Capital Management, L.P.
 
 
 
By:           Jerald M. Weintraub, President
 
Weintraub Capital Management GP, LLC
 
 
 
By:           Jerald M. Weintraub, Manager
 
 
 
 
Jerald M. Weintraub
Prism Partners IV Leveraged Offshore Fund
 
 
By:           Weintraub Capital Management, L.P.,Attorney-in-Fact
 
 
By:           Jerald M. Weintraub, President



 
9

 
CUSIP No. 69357C503


EXHIBIT A

AGREEMENT REGARDING JOINT FILING
OF STATEMENT ON SCHEDULE 13D OR 13G

The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the common stock of any issuer.  For that purpose, the undersigned hereby constitute and appoint Weintraub Capital Management, L.P., a California limited partnership, as their true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present.


Dated:           February 12, 2009

 
WEINTRAUB CAPITAL MANAGEMENT, L.P.
 
 
 
By:        Jerald M. Weintraub, President
 
 
WEINTRAUB CAPITAL MANAGEMENT GP, LLC
 
 
By:        Jerald M. Weintraub, Manager
 
 
 
 
Jerald M. Weintraub
 
 
PRISM PARTNERS IV LEVERAGED OFFSHORE FUND
 
 
By:           Weintraub Capital Management, L.P.,Attorney-in-Fact
 
 
By:           Jerald M. Weintraub, President



 
10

 

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