4 1 edgar.txt FORM 4 - 08/23/2002 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 ADEN, ALLISON 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 08/23/2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Senior Vice President and Controller 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person

___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 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)| | ___________________________________________________________________________________________________________________________________| Common Stock |8-23-0|M | |920 |A |$9.625 | | | | |2 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8-23-0|S | |920 |D |$14.5001 | | | | |2 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8-23-0|M | |8,750 |A |$10.65 | | | | |2 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8-23-0|S | |8,750 |D |$14.5001 |2,500 |D | | |2 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|

___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 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)| | ___________________________________________________________________________________________________________________________________| Stock Option |$10.65 |8-23-|M | |8,750 |D |(1) |7-24-|Common Stock|8,750 |N/A |26,250 |D | | | |02 | | | | | |06 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Stock Option |$9.625 |8-23-|M | |920 |D |(2) |2-10-|Common Stock|920 |N/A |1,380 |D | | | |02 | | | | | |06 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|

Explanation of Responses: (1) Option vests ratably 25% on each of first four anniversaries of stock option grant. (2) Option vests ratably 20% on each of first five anniversaries of stock option grant. SIGNATURE OF REPORTING PERSON Allison Aden by Clinton McKellar, Jr., Gen. Counsel DATE , 2002