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PRA GROUP INC — Director's Dealing 2017
Sep 15, 2017
32628_dirs_2017-09-15_081f8601-ae05-475d-b9f1-7056aaeed2a8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PRA GROUP INC (PRAA)
CIK: 0001185348
Period of Report: 2017-09-13
Reporting Person: Roberts Steven C (Chief Strategy & Bus Dev Off)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-14 | Common Stock | G | 515 | — | Disposed | 18739 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-13 | 3.00% Convertible Notes | $ | S | Disposed | 2020-08-01 | Common Stock () | Direct | |
| 2017-09-13 | 3.00% Convertible Notes | $ | S | Disposed | 2020-08-01 | Common Stock () | Direct |
Footnotes
F1: The conversion rate for the Notes at the time of issuance was 15.2172 shares per $1,000 principal amount of Notes, which was equivalent to an initial conversion price of approximately $65.72 per share of the Company's common stock, and was subject to adjustment in certain circumstances. The Notes were sold in two transactions on September 13, 2017 with Notes with a face value of $300,000 sold at $92.90 per Note and Notes with a face value of $50,000 sold at $92.9167 per Note.
F2: Prior to February 1, 2020, the Notes are convertible only upon the occurrence of specified events. On or after February 1, 2020, the Notes may be converted at any time.