ENCORE CAPITAL GROUP INC — Director's Dealing 2013

Jun 11, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ENCORE CAPITAL GROUP INC (ECPG)
CIK: 0001084961
Period of Report: 2013-06-05

Reporting Person: Masih Ashish (Sr. VP, Legal Collections Ops.)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35708	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$17.90	2020-02-25	Common Stock (6600)		Direct
Non-Qualified Stock Option (right to buy)	$13.17	2019-08-20	Common Stock (40000)		Direct
Non-Qualified Stock Option (right to buy)	$24.65	2021-03-15	Common Stock (25000)		Direct
Non-Qualified Stock Option (right to buy)	$22.17	2022-04-06	Common Stock (12500)		Direct

Footnotes

F1: These shares include (i) 12,333 unvested restricted stock units (each of which represents the right to receive one share of Encore common stock), which will vest by August 20, 2014 and (ii) 9,333 unvested restricted stock awards (each of which represents the right to receive one share of Encore common stock), half of which vest on March 9, 2014 and the other half on March 9, 2015.

F2: Grant to the reporting person on February 25, 2010 of a non-qualified stock option under the Encore Capital Group Inc. 2005 Stock Incentive Plan (the "2005 Plan"). All shares under the option have become vested and exercisable.

F3: Grant to the reporting person on August 20, 2009 of a non-qualified stock option under the 2005 Plan. Three-fifths of the shares granted under the option have become vested and exercisable. One-fifth of the shares granted under the option will become vested and exercisable on August 20, 2013, and the remaining one-fifth of the shares granted under the option will become vested and exercisable on August 20, 2014.

F4: Grant to the reporting person on March 15, 2011 of a non-qualified stock option under the 2005 Plan. Two-thirds of the shares granted under the option have become vested and exercisable. The remaining one-third of the shares granted under the option will become vested and exercisable on March 9, 2014.

F5: Grant to the reporting person on April 6, 2012 of a non-qualified stock option under the 2005 Plan. One-third of the shares granted under the option became vested and exercisable on March 9, 2013. One-third of the shares granted under the option will become vested and exercisable on March 9, 2014, and the remaining one-third of shares granted under the option will become vested and exercisable on March 9, 2015.