SEC Form 4 · accession 0001084961-17-000038

ENCORE CAPITAL GROUP INC · ECPG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Grp Exec, Intl & Corp Dev

Period of report

Mar 9, 2017

Accepted (ET)

Mar 13, 2017 · 7:45 pm EDT

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 Stock^F1	Mar 9, 2017	A	15,347	$0.00	A	248,622	D
Common Stock	Mar 9, 2017	F	5,117	$30.95	D	243,505	D
Common Stock	holding	—	—		—	2,500	I	PG Mountain Ventures LLC

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F3	$30.95	Mar 9, 2017	A	41,617	A	—	Mar 9, 2024	Common Stock	41,617	41,617	D

F1Grant to the reporting person on March 9, 2017 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, 2018, one-third vesting on March 9, 2019, and the remaining one-third vesting on March 9, 2020.
F2Disposal relates to the withholding of securities for the payment of the tax liability incident to the vesting of stock awards.
F3The option vests and becomes exercisable, if at all, in installments over a three-year period, with one-third vesting on March 9, 2018, one-third vesting on March 9, 2019 and the remaining one-third vesting on March 9, 2020, but only if and when the 20 trading day average of the NASDAQ-reported closing price per share of the Company's common stock (subject to certain adjustments) exceeds $38.6875 per share.