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PRA GROUP INC — Director's Dealing 2012
Jan 4, 2012
32628_dirs_2012-01-04_3de6b869-d8c5-49f8-876d-de4fca070b21.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: 2011-12-31
Reporting Person: Stern Neal (EVP of Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-31 | Common Stock | A | 2605 | $0.00 | Acquired | 17723 | Direct |
| 2011-12-31 | Common Stock | F | 420 | $0.00 | Disposed | 17303 | Direct |
| 2012-01-02 | Common Stock | F | 866 | $0.00 | Disposed | 16437 | Direct |
Footnotes
F1: These shares were awarded pursuant to the Company's 2010 Long Term Equity Incentive Plan ("LTI Plan") in which the reporting person was granted both performance based and time vested restricted shares. The shares reported on this form represent the shares earned under the Earnings Per Share performance category as outlined in the Proxy Statement filed by Portfolio Recovery Associates, Inc. on April 27, 2011.
F2: The disposal of these shares are related to the vesting of a restricted share award originally granted on January 2, 2008.