Jonathan Clark - Mar 9, 2023 Form 4 Insider Report for ENCORE CAPITAL GROUP INC (ECPG)

Role
EVP, CFO & Treasurer
Signature
/s/ Michael Chin, Attorney-in-Fact for Jonathan Clark
Stock symbol
ECPG
Transactions as of
Mar 9, 2023
Transactions value $
-$538,095
Form type
4
Date filed
3/13/2023, 05:49 PM
Previous filing
Mar 11, 2022
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECPG Common Stock Award $0 +11K +7.94% $0.00 149K Mar 9, 2023 Direct F1
transaction ECPG Common Stock Award $0 +11.2K +7.48% $0.00 160K Mar 9, 2023 Direct F2
transaction ECPG Common Stock Tax liability -$275K -5.5K -3.43% $50.06 155K Mar 9, 2023 Direct F3
transaction ECPG Common Stock Tax liability -$263K -5.25K -3.39% $50.06 150K Mar 9, 2023 Direct F3
* 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, 2023 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, 2024, one-third vesting on March 9, 2025, and the remaining one-third vesting on March 9, 2026.
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.