SEC Form 4 · accession 0001294425-17-000014
PRA GROUP INC · PRAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C Roberts
Officer — Chief Strategy & Bus Dev Off
Period of report
Sep 13, 2017
Accepted (ET)
Sep 15, 2017 · 6:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001185348
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 14, 2017 | G | 515 | $0.00 | D | 18,739 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.00% Convertible NotesF1,F2 | — | Sep 13, 2017 | S | — | D | — | Aug 1, 2020 | Common Stock | — | — | D |
| 3.00% Convertible NotesF1,F2 | — | Sep 13, 2017 | S | — | D | — | Aug 1, 2020 | Common Stock | — | — | D |
Explanation of responses
- F1The conversion rate for the Notes at the time of issuance was 15.2172 shares per $1,000 principal amount of Notes, which was equivalent to an initial conversion price of approximately $65.72 per share of the Company's common stock, and was subject to adjustment in certain circumstances. The Notes were sold in two transactions on September 13, 2017 with Notes with a face value of $300,000 sold at $92.90 per Note and Notes with a face value of $50,000 sold at $92.9167 per Note.
- F2Prior to February 1, 2020, the Notes are convertible only upon the occurrence of specified events. On or after February 1, 2020, the Notes may be converted at any time.