Home/Filings/4/0001104659-11-062623
4//SEC Filing

Flowers J. Christopher 4

Accession 0001104659-11-062623

CIK 0001084961other

Filed

Nov 8, 7:00 PM ET

Accepted

Nov 9, 2:39 PM ET

Size

15.6 KB

Accession

0001104659-11-062623

Insider Transaction Report

Form 4
Period: 2011-11-08
Transactions
  • Sale

    Common Stock

    2011-11-08$23.74/sh3,610,000$85,705,732361,315 total
Holdings
  • Common Stock

    (indirect: See Footnotes)
    45,844
Transactions
  • Sale

    Common Stock

    2011-11-08$23.74/sh3,610,000$85,705,732361,315 total
Holdings
  • Common Stock

    (indirect: See Footnotes)
    45,844
Transactions
  • Sale

    Common Stock

    2011-11-08$23.74/sh3,610,000$85,705,732361,315 total
Holdings
  • Common Stock

    (indirect: See Footnotes)
    45,844
Transactions
  • Sale

    Common Stock

    2011-11-08$23.74/sh3,610,000$85,705,732361,315 total
Holdings
  • Common Stock

    (indirect: See Footnotes)
    45,844
Transactions
  • Sale

    Common Stock

    2011-11-08$23.74/sh3,610,000$85,705,732361,315 total
Holdings
  • Common Stock

    (indirect: See Footnotes)
    45,844
JCF FPK I LP
10% Owner
Transactions
  • Sale

    Common Stock

    2011-11-08$23.74/sh3,610,000$85,705,732361,315 total
Holdings
  • Common Stock

    (indirect: See Footnotes)
    45,844
Footnotes (5)
  • [F1]This amount represents the $24.35 secondary public offering price per share of common stock of Encore Capital Group Inc. (the "Issuer") less the underwriting discount of $0.60875 per share.
  • [F2]These shares are held directly by JCF FPK I L.P., the general partner of which is JCF Associates II-A L.P., the general partner of which is JCF Associates, II-A LLC, the sole member of which is JCF Associates II L.P., the general partner of which is JCF Associates II L.P., the sole director of which is J. Christopher Flowers.
  • [F3]These shares represent deferred issuance restricted stock units ("RSUs") that were granted to Timothy Hanford and John Oros as compensation for their service as directors of the Issuer. RSUs held by Mr. Hanford and Mr. Oros are transferred to J.C. Flowers & Co. LLC ("JCF LLC") upon their resignation as directors of the Issuer. Mr. Flowers is the sole member of JCF LLC. JCF FPK I L.P., JCF Associates II-A L.P., JCF Associates, II-A LLC and JCF Associates II L.P. may be deemed to have an indirect economic interest in the value of securities held by or for the benefit of JCF LLC, although they have no investment control over such securities.
  • [F4]JCF LLC directly holds 23,214 shares. Mr. Oros holds 22,630 RSUs for the benefit of JCF LLC.
  • [F5]Each of JCF Associates II-A L.P., JCF Associates II-A LLC, JCF Associates II L.P., JCF Associates II Ltd. and Mr. Flowers disclaims beneficial ownership of the securities reported herein except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed to be an admission that any of JCF Associates II-A L.P., JCF Associates II-A LLC, JCF Associates II L.P., JCF Associates II Ltd. or Mr. Flowers has beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder or for any other purpose.

Documents

1 file

Issuer

ENCORE CAPITAL GROUP INC

CIK 0001084961

Entity typeother

Related Parties

1
  • filerCIK 0001041196

Filing Metadata

Form type
4
Filed
Nov 8, 7:00 PM ET
Accepted
Nov 9, 2:39 PM ET
Size
15.6 KB