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ENCORE CAPITAL GROUP INC — Director's Dealing 2013
Apr 17, 2013
32228_dirs_2013-04-17_ab7e566c-afdd-4564-a6b0-bcc34db969ec.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ENCORE CAPITAL GROUP INC (ECPG)
CIK: 0001084961
Period of Report: 2013-04-15
Reporting Person: Vecchione Kenneth (Director, President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-04-15 | Restricted Stock Awards | $0 | A | 100000 | Acquired | Common Stock (100000) | Direct | |
| 2013-04-15 | Restricted Stock Awards | $0 | A | 23571 | Acquired | Common Stock (23571) | Direct |
Footnotes
F1: Grant to the reporting person on April 15, 2013 of restricted stock awards ("RSAs") under the Encore Capital Group, Inc. 2005 Stock Incentive Plan. Each RSA represents the right to receive one share of Encore's common stock upon settlement. The RSAs are subject to vesting and vest in annual installments over a five-year period, with one-fifth vesting on April 8, 2014, one-fifth vesting on April 8, 2015, one-fifth vesting on April 8, 2016, one-fifth vesting on April 8, 2017, and the remaining one-fifth vesting on April 8, 2018.
F2: Grant to the reporting person on April 15, 2013 of restricted stock awards ("RSAs") under the Encore Capital Group, Inc. 2005 Stock Incentive Plan. Each RSA represents the right to receive one share of Encore's common stock upon settlement. The RSAs are subject to vesting and vest in annual installments over a three-year period, with one-third vesting on April 8, 2014, one-third vesting on April 8, 2015, and the remaining one-third vesting on April 8, 2016.