PRA GROUP INC — Director's Dealing 2013

Mar 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PORTFOLIO RECOVERY ASSOCIATES INC (PRAA)
CIK: 0001185348
Period of Report: 2013-03-07

Reporting Person: FREDRICKSON STEVEN D (Director, President, CEO, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-07	Common Stock	S	4000	$122.28	Disposed	87528	Direct
2013-03-13	Common Stock	A	10508	$0.00	Acquired	98036	Direct
2013-03-13	Common Stock	F	4576	$0.00	Disposed	93460	Direct

Footnotes

F1: The sale prices for this transaction ranged from $122.00 to $122.87. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: These shares were awarded pursuant to the Company's 2010 Long Term Equity Incentive Plan ("LTI Plan"). The shares reported on this form represent the shares earned under the Return on Shareholders' Equity and Total Shareholder Return performance categories.

F3: The disposal of these shares are related to the vesting of an award originally granted pursuant to the Company's 2010 LTI Plan.