Megan Fox Plans a Small Wedding

Brian Austin Green and Megan Fox at Chateau Marmont

Despite reports to the contrary, Transformers hottie Megan Fox and Brian Austin Green are "still engaged," he tells PEOPLE – and they know exactly what they want in a wedding.

"[The ceremony will be] small," the former Beverly Hills, 90210 star added at Tuesday night's GQ bash in L.A. "Originally we were talking elopement and now we might have a few people there."

Still, he said, don't expect a lot of press hoopla surrounding their big day. "You might hear about it the week after."

So what does Green think of his fiancée's super-sexy image? "She always looks hot," he said. "I stand next to her and it's like beauty and the beast."

But Fox – who was honored by the magazine in its "Men of the Year" issue – insists she doesn't understand all the fuss.

"I'm not a 'sexy' 'beautiful' woman," she claimed. "It takes a lot of work to make me look like a girl."

Green, for one, would beg to differ. "I like to see her in the morning. I like to see her at home," he said. "It doesn't matter whether you put a bunch of makeup on her or not."

Fox was equally gushing about her groom-to-be, calling Green "a really great person." She added, "When I'm not working, I'm at home [with him] all the time."

By Shayna Rose Arnold