LEMOND ALEXANDER 4
4 · ENCORE CAPITAL GROUP INC · Filed Sep 29, 2003
Insider Transaction Report
Form 4
ENCORE CAPITAL GROUP INC(ECPG)
LEMOND ALEXANDER
Director
Transactions
- Conversion
Common Stock
2003-09-25+27,800→ 161,213 total - Sale
Common Stock
2003-09-25$11.00/sh−13,038$143,418→ 148,175 total - Conversion
Series A Senior Cumulative Part Conv Pfd Stock
2003-09-25−2,780→ 0 totalExercise: $0.50→ Common Stock (27,800 underlying)
Footnotes (3)
- [F1]In connection with an underwritten public offering (the Offering) of the Issuer's Common Stock, holders of Series A Senior Cumulative Participating Convertible Preferred Stock (the Series A Preferred Stock) entered into a Preferred Stock Conversion Agreement, whereby each share of Series A Preferred Stock will be converted into ten shares of the Issuer's Common Stock, without additional consideration, as of the closing of the Offering, which is scheduled for October 1, 2003.
- [F2]On September 25, 2003, the Reporting Person entered into an Underwriting Agreement providing for the sale by the Reporting Person of 13,038 shares of the Issuer's Common Stock.
- [F3]Immediately