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PRA GROUP INC Director's Dealing 2013

Jan 3, 2013

32628_dirs_2013-01-03_dc0c4219-b553-4a71-bc61-961f0c4e5fc8.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: 2012-12-31

Reporting Person: Stern Neal (EVP of Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-12-31 Common Stock A 2632 $0.00 Acquired 21462 Direct
2012-12-31 Common Stock F 556 $0.00 Disposed 20906 Direct
2012-12-31 Common Stock F 550 $0.00 Disposed 20356 Direct

Footnotes

F1: These shares were awarded pursuant to the Company's 2011 Long Term Equity Incentive Plan ("LTI Plan") in which the reporting person was granted both performance based and time vested restricted shares. These reported shares represent the shares earned under the Adjusted EBITDA performance category.

F2: The disposal of these shares are related to the vesting of an award originally granted pursuant to the Company's 2011 LTI Plan.

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