SEC Form 4 · accession 0001084961-16-000156
ENCORE CAPITAL GROUP INC · ECPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Vecchione
Officer — President & CEO · Director
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084961
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 9, 2016 | A | 39,498 | $0.00 | A | 209,133 | D | |
| Common Stock | Mar 9, 2016 | F | 23,409 | $26.57 | D | 185,724 | D | |
| Common StockF2 | Mar 9, 2016 | A | 37,636 | $0.00 | A | 223,360 | D | |
| Common Stock | holding | — | — | — | 125 | I | By son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares issued in connection with the achievement of performance targets for the year ended December 31, 2015.
- F2Grant to the reporting person on March 9, 2016 of restricted stock awards ("RSAs") under the Encore Capital Group, Inc. 2013 Incentive Compensation Plan. The RSAs are subject to vesting and vest in annual installments over a three-year period, with one-third vesting on March 9, 2017, one-third vesting on March 9, 2018, and the remaining one-third vesting on March 9, 2019.