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PRA GROUP INC Director's Dealing 2014

Mar 10, 2014

32628_dirs_2014-03-10_2450629c-11c2-4382-9450-02e14ecadc53.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: 2014-03-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-07	Common Stock	A	42509	—	Acquired	261578	Direct
2014-03-07	Common Stock	F	20277	—	Disposed	241301	Direct

Footnotes

F1: These shares were awarded pursuant to the Company's 2011 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.

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