SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G/A
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13-D(1)(B)(C), AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13D-2(B)
(AMENDMENT NO. 8)
PRG-Schultz International, Inc.
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(Name of Issuer)
Common Stock, no par value per share
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(Title and Class of Securities)
69357C 10 7
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(CUSIP Number)
December 31, 2004
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(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)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
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*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 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).
Page 2 of 6
CUSIP NO. 69357C 10 7 13G/A
(l) Names of Reporting Persons
I.R.S. Identification No. of Above Persons (Entities Only)
John M. Cook
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(2) Check the Appropriate Box if a Member of a Group
(a) _____.
(b) _____.
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
United States
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Number of (5) Sole Voting Power - 2,760,699(1)
Shares -------- --------------------------------------------------
Beneficially (6) Shared Voting Power - 2,385,303(2)
Owned by -------- --------------------------------------------------
Each (7) Sole Dispositive Power - 2,760,699(1)
Reporting -------- --------------------------------------------------
Person With (8) Shared Dispositive Power - 2,385,303(2)
-------- --------------------------------------------------
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
5,146,002(1)(2)
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(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares [X].
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(11) Percent of Class Represented by Amount in Row 9
8.2 percent(1)(2)
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(12) Type of Reporting Person
IN
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Page 3 of 6
CUSIP NO. 69357C 10 7 13G/A
(1) Includes 1,728,940 shares of Common Stock owned directly. Includes 16,469
shares held by the M. Lucy Cook Family 2001 Grantor Retained Annuity Trust,
for which Mr. Cook is trustee and has sole investment and voting power with
respect to such shares. Excludes 165,691 shares held by the John and Lucy
Cook 1999 Charitable Remainder Unitrust, of which Mr. Cook and his spouse
are the beneficiaries, but are not trustees. Also includes 1,015,290 shares
subject to options that are currently exercisable or exercisable within 60
days of December 31, 2004.
(2) Includes 1,180,597 shares held by Mr. Cook's spouse. Includes 24,706 shares
held by the John M. Cook Family 2001 Grantor Retained Annuity Trust, for
which M. Lucy Cook, Mr. Cook's spouse, is trustee and has sole investment
and voting power with respect to such shares. Includes 1,180,000 shares
held by the John M. Cook 2004 Grantor Retained Annuity Trust, for which M.
Lucy Cook, Mr. Cook's spouse, is trustee and has sole investment and voting
power with respect to such shares.
Page 4 of 6
CUSIP NO. 69357C 10 7 13G/A
Item l(a). Name of Issuer:
PRG-Schultz International, Inc.
Item l(b). Address of Issuer's Principal Executive Offices:
600 Galleria Parkway, Suite 100
Atlanta, GA 30339
Item 2(a). Name of Person Filing:
See item (l) of the cover pages
Item 2(b). Address of Principal Business Office:
600 Galleria Parkway, Suite 100
Atlanta, GA 30339
Item 2(c). Citizenship:
See item (4) of cover pages
Item 2(d). Title of Class of Securities:
Common Stock, No Par Value Per Share
Item 2(e). CUSIP Number:
69357C 10 7
Item 3. Not applicable
Item 4. Ownership.
(a) Amount beneficially owned:
See item (9) of cover pages
(b) Percent of Class:
See item (11) of cover pages
Page 5 of 6
CUSIP NO. 69357C 10 7 13G/A
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
See item (5) of cover pages
(ii) shared power to vote or to direct the vote:
See item (6) of cover pages
(iii) sole power to dispose or to direct the disposition of:
See item (7) of cover pages
(iv) shared power to dispose or to direct the disposition of:
See item (8) of cover pages
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 or Control Person:
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:
Not Applicable.
Page 6 of 6
CUSIP NO. 69357C 10 7 13G/A
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.
February 14, 2005
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(Date)
/s/ John M. Cook
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(Signature)
John M. Cook, Chairman and Chief
Executive Officer
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(Name/Title)