UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
COOK, JOHN M
2300 Windy Ridge Parkway
Suite 100, North
Atlanta, GA 30339-8426
USA
2. Issuer Name and Ticker or Trading Symbol
PRG-SCHULTZ INTERNATIONAL, INC.
PRGX
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
09/04/2002
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board and Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common Stock |9-3-02|S (1| |59,500 |D |$13.9195 | | | |
| |) | | | | | | | |
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Common Stock |9-4-02|S (2| |8,900 |D |$13.90 |2,655,392 |D | |
| |) | | | | | | | |
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| | | | | | |880,073 |I |By Spouse |
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| | | | | | |29,153 |I |By Trust |
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| | | | | | |54,035 |I |By Trust |
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| | | | | | |81,053 |I |By Trust |
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| | | | | | |400,002 |I |General Partner |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) This sale was made pursuant to Mr. Cook's Rule 10b5-1 Trading Plan
established with Merrill Lynch, Pierce, Fenner & Smith Incorporated on
August 29, 2002. The execution date and the deemed execution date of this sale
were both September 3, 2002.
(2) This sale was made pursuant to Mr. Cook's Rule 10b5-1 Trading Plan
established with Merrill Lynch, Pierce, Fenner & Smith Incorporated on
August 29, 2002. The execution date and the deemed execution date of this sale
were both September 4, 2002.
SIGNATURE OF REPORTING PERSON
/s/ John M. Cook by Clinton McKellar, Jr., Gen. Counsel
DATE
September 5, 2002