ENCORE CAPITAL GROUP INC — Director's Dealing 2011

Jun 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENCORE CAPITAL GROUP INC (ECPG)
CIK: 0001084961
Period of Report: 2011-06-15

Reporting Person: MANDELL RICHARD A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-15	Common Stock	M	10000	$16.93	Acquired	22190	Direct
2011-06-15	Common Stock	M	10000	$1.30	Acquired	32190	Direct
2011-06-15	Common Stock	F	5698	$31.99	Disposed	26492	Direct
2011-06-15	Common Stock	S	21526	$30.34	Disposed	4966	Direct
2011-06-15	Common Stock	S	4966	$31.10	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-15	Employee Stock Option (right to buy)	$1.30	M	10000	Disposed	2013-01-28	Common Stock (10000)	Direct
2011-06-15	Employee Stock Option (right to buy)	$16.93	M	10000	Disposed	2014-05-05	Common Stock (10000)	Direct

Footnotes

F1: Reflects shares of common stock withheld by the issuer in payment of the exercise price and to satisfy tax withholding obligations in connection with the exercise of stock options.

F2: The shares were sold in multiple transactions on June 15, 2011 at per share prices ranging from $29.90 to $30.86, inclusive. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to supply the Staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4 upon request.

F3: The price reported reflects the weighted average sale price for the transactions. These shares were sold in multiple transactions at prices ranging from $30.90 to $31.36, inclusive.