Ashish Masih - Mar 9, 2024 Form 4 Insider Report for ENCORE CAPITAL GROUP INC (ECPG)

Role
President and CEO, Director
Signature
/s/ Michael Chin, Attorney-in-Fact for Ashish Masih
Stock symbol
ECPG
Transactions as of
Mar 9, 2024
Transactions value $
-$1,271,002
Form type
4
Date filed
3/12/2024, 07:42 PM
Previous filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECPG Common Stock Award $0 +33.4K +12.3% $0.00 305K Mar 9, 2024 Direct F1
transaction ECPG Common Stock Award $0 +22.7K +7.44% $0.00 328K Mar 9, 2024 Direct F2
transaction ECPG Common Stock Tax liability -$695K -13.9K -4.23% $50.15 314K Mar 9, 2024 Direct F3
transaction ECPG Common Stock Tax liability -$576K -11.5K -3.66% $50.15 302K Mar 9, 2024 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, 2024 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, 2025, one-third vesting on March 9, 2026, and the remaining one-third vesting on March 9, 2027.
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.