SEC Form 4 · accession 0001084961-18-000002
ENCORE CAPITAL GROUP INC · ECPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Grinberg
Officer — President, International
Period of report
Jan 17, 2018
Accepted (ET)
Jan 18, 2018 · 4:34 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 Stock | Jan 17, 2018 | M | 3,333 | $22.17 | A | 215,958 | D | |
| Common StockF2 | Jan 17, 2018 | S | 17,406 | $40.77 | D | 198,552 | D | |
| Common StockF3 | Jan 17, 2018 | S | 1,367 | $41.46 | D | 197,185 | D | |
| Common StockF2 | Jan 17, 2018 | S | 464 | $40.77 | D | 1,036 | I | PG Mountain Ventures LLC |
| Common StockF3 | Jan 17, 2018 | S | 36 | $41.46 | D | 1,000 | I | PG Mountain Ventures LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $22.17 | Jan 17, 2018 | M | 3,333 | D | — | Apr 6, 2022 | Common Stock | 3,333 | 6,667 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2017 as part of the reporting person's financial planning to diversify his stockholdings.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.30 to $41.25, inclusive. The reporting person undertakes to provide to Encore Capital Group, Inc., any security holder of Encore Capital Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.30 to $41.55, inclusive. The reporting person undertakes to provide to Encore Capital Group, Inc., any security holder of Encore Capital Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The option vested in three equal installments on March 9, 2012, 2013 and 2014.