SEC Form 4 · accession 0001084961-18-000034
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
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 4:37 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 | Mar 14, 2018 | M | 3,334 | $22.17 | A | 188,943 | D | |
| Common StockF2 | Mar 14, 2018 | S | 15,429 | $44.21 | D | 173,514 | D | |
| Common StockF3 | Mar 14, 2018 | S | 3,346 | $43.95 | D | 170,168 | D | |
| Common StockF2 | Mar 14, 2018 | S | 411 | $44.21 | D | 89 | I | PG Mountain Ventures LLC |
| Common StockF3 | Mar 14, 2018 | S | 89 | $43.95 | D | 0 | 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 | Mar 14, 2018 | M | 3,334 | D | — | Apr 6, 2022 | Common Stock | 3,334 | 0 | 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.
- F2This price represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.00 to $44.98 inclusive. The reporting person undertakes to provide Encore, any security holder of Encore, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares hold at each separate price within the range set forth in this footnote.
- F3This price represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.95 to $43.98 inclusive. The reporting person undertakes to provide Encore, any security holder of Encore, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares hold 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.