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PRA GROUP INC — Director's Dealing 2012
Jan 18, 2012
32628_dirs_2012-01-18_d39a289f-7948-4f11-a5c4-f611f61b5304.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PORTFOLIO RECOVERY ASSOCIATES INC (PRAA)
CIK: 0001185348
Period of Report: 2012-01-14
Reporting Person: STEVENSON KEVIN P (EVP, CFO, Treasurer, Asst Secy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-01-14 | Common Stock | A | 686 | $0.00 | Acquired | 95245 | Direct |
| 2012-01-14 | Common Stock | F | 250 | $0.00 | Disposed | 94995 | Direct |
| 2012-01-14 | Common Stock | F | 240 | $0.00 | Disposed | 94755 | Direct |
Footnotes
F1: These shares vested pursuant to the Company's 2010 Long Term Equity Incentive Plan in which the reporting person was granted both performance based and time vested restricted shares. The time vested shares vest ratably over a three year period beginning on the anniversary of the grant which was January 14, 2010. These shares represent the second annual vesting of the time vested shares granted. The performance shares earned, if any, will be reported at the end of the performance period.
F2: The disposal of these shares are related to the vesting of an award originally granted pursuant to the Company's 2011 Long Term Equity Incentive Plan.