Hanford Timothy 4
4 · ENCORE CAPITAL GROUP INC · Filed Jan 6, 2009
Insider Transaction Report
Form 4
Hanford Timothy
Director10% Owner
Transactions
- Award
Common Stock
2009-01-02+3,968→ 17,085 total
Holdings
- 5,737,032(indirect: By Partnership)
Common Stock
Footnotes (3)
- [F1]On January 2, 2009, Encore Capital Group, Inc. ("Encore") issued 3,968 deferred issuance restricted stock units ("RSUs") to Timothy Hanford, under the Encore 2005 Stock Incentive Plan, in connection with his service as a member of Encore's board of directors.
- [F2]These shares are in the form of RSUs held by Mr. Hanford as a nominee for Fox-Pitt Kelton Limited. Each RSU represents the right to receive one share of Encore common stock upon settlement. 3,450 of these RSUs will vest on August 23, 2009. The remaining 13,635 of these RSUs are fully vested. Mr. Hanford disclaims beneficial ownership of these shares in excess of his pecuniary interest therein.
- [F3]Reflects shares of Encore's common stock held by JCF FPK I LP. By way of his position as investment co-head of FPK Capital and his interst in Fox-Pitt-Kelton Limited, a limited partner of JCF FPK I LP, Mr. Hanford may be deemed to be the beneficial owner of these shares through his pecuniary interest in JCF FPK I LP. Mr. Hanford disclaims beneficial ownership of these shares in excess of his pecuniary interest therein.