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PRA GROUP INC — Director's Dealing 2013
Jan 16, 2013
32628_dirs_2013-01-16_9b73beb1-1eb9-4f12-9dee-21a7c2cc0d75.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: 2013-01-14
Reporting Person: Petit Michael J (President -Bankruptcy Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-01-14 | Common Stock | A | 686 | $0.00 | Acquired | 21154 | Direct |
| 2013-01-14 | Common Stock | F | 235 | $0.00 | Disposed | 20919 | Direct |
| 2013-01-14 | Common Stock | F | 215 | $0.00 | Disposed | 20704 | 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 third and final annual vesting of the time vested shares granted.
F2: The disposal of these shares are related to the vesting of an award originally granted pursuant to the Company's 2010 LTI Plan.
F3: The disposal of these shares are related to the vesting of an award originally granted pursuant to the Company's 2011 LTI Plan.