Ryan Bell - Mar 9, 2022 Form 4 Insider Report for ENCORE CAPITAL GROUP INC (ECPG)

Signature
/s/ Michael Chin, Attorney-in-Fact for Ryan Bell
Stock symbol
ECPG
Transactions as of
Mar 9, 2022
Transactions value $
-$1,217,435
Form type
4
Date filed
3/11/2022, 06:13 PM
Previous filing
May 7, 2021
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECPG Common Stock Award $0 +5.66K +14.99% $0.00 43.4K Mar 9, 2022 Direct F1
transaction ECPG Common Stock Award $0 +14.7K +33.88% $0.00 58.1K Mar 9, 2022 Direct F2
transaction ECPG Common Stock Tax liability -$311K -4.69K -8.07% $66.29 53.4K Mar 9, 2022 Direct F3
transaction ECPG Common Stock Tax liability -$483K -7.29K -13.65% $66.29 46.1K Mar 9, 2022 Direct F3
transaction ECPG Common Stock Sale -$125K -1.95K -4.22% $64.29 44.2K Mar 11, 2022 Direct F4, F5
transaction ECPG Common Stock Sale -$299K -4.72K -10.68% $63.31 39.5K Mar 11, 2022 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant to the reporting person on March 9, 2022 of restricted stock units ("RSUs") under the Encore Capital Group, Inc. 2017 Incentive Award Plan. The RSUs are subject to vesting and vest in annual installments over a three-year period, with one-third vesting on March 9, 2023, one-third vesting on March 9, 2024, and the remaining one-third vesting on March 9, 2025.
F2 Represents shares issued in connection with the vesting of performance stock units based upon the achievement of performance targets.
F3 Disposal relates to the withholding of securities for the payment of the tax liability incident to the vesting of stock units.
F4 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2021.
F5 This price represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.01 to $64.96 inclusive. The reporting person undertakes to provide Encore, any security holder of Encore, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 This price represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.05 to $63.63 inclusive. The reporting person undertakes to provide Encore, any security holder of Encore, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.