SEC Form 4 · accession 0001084961-19-000032
ENCORE CAPITAL GROUP INC · ECPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan C Clark
Officer — EVP, CFO & Treasurer
Period of report
Mar 9, 2019
Accepted (ET)
Mar 12, 2019 · 5:20 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 StockF1 | Mar 9, 2019 | A | 15,673 | $0.00 | A | 102,301 | D | |
| Common StockF2 | Mar 9, 2019 | A | 3,839 | $0.00 | A | 106,140 | D | |
| Common StockF3 | Mar 9, 2019 | F | 8,904 | $31.90 | D | 97,236 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant to the reporting person on March 9, 2019 of restricted stock units ("RSUs") under the Encore Capital Group, Inc. 2017 Incentive Award Plan. The RSUs are subject to vesting and vest in annual installments over a three-year period, with one-third vesting on March 9, 2020, one-third vesting on March 9, 2021, and the remaining one-third vesting on March 9, 2022. Each RSU represents the right to receive one share of Encore Capital Group, Inc. common stock.
- F2Represents shares issued in connection with the achievement of performance targets for the year ended December 31, 2018.
- F3Disposal relates to the withholding of securities for the payment of the tax liability incident to the vesting of stock units.