ENCORE CAPITAL GROUP INC — Director's Dealing 2012

Nov 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENCORE CAPITAL GROUP INC (ECPG)
CIK: 0001084961
Period of Report: 2012-11-05

Reporting Person: BLACK J BRANDON (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-05	Common Stock	S	20000	$26.30	Disposed	19048	Direct
2012-11-05	Common Stock	M	44070	$15.42	Disposed	63118	Direct
2012-11-05	Common Stock	M	33333	$12.01	Disposed	96451	Direct
2012-11-05	Common Stock	F	57984	$26.35	Disposed	38467	Direct
2012-11-07	Common Stock	S	16769	$26.60	Disposed	21698	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-05	Employee Stock Option (Right to Buy)	$15.42	M	44070	Disposed	2015-05-03	Common Stock (44070)	Direct
2012-11-05	Employee Stock Option (Right to Buy)	$12.01	M	33333	Disposed	2013-10-29	Common Stock (33333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40694	Indirect

Footnotes

F1: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2012.

F2: The shares were sold in multiple transactions on November 5, 2012 at per share prices ranging from $26.17 to $26.48, 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 shares were sold in multiple transactions on November 7, 2012 at per share prices ranging from $26.56 to $26.79, inclusive.