4//SEC Filing
GORDON MICHAEL L 4
Accession 0001275482-05-000002
CIK 0001185348other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 5:01 PM ET
Size
13.3 KB
Accession
0001275482-05-000002
Insider Transaction Report
Form 4
PRA INVESTMENTS LLC
10% Owner
Transactions
- Other
Common Stock
2005-02-24−1,061,275→ 0 total - Other
Common Stock
2005-02-24−1,923,225→ 0 total(indirect: See footnote)
ANGELO JOHN M
10% Owner
Transactions
- Other
Common Stock
2005-02-24−1,061,275→ 0 total - Other
Common Stock
2005-02-24−1,923,225→ 0 total(indirect: See footnote)
GORDON MICHAEL L
10% Owner
Transactions
- Other
Common Stock
2005-02-24−1,923,225→ 0 total(indirect: See footnote) - Other
Common Stock
2005-02-24−1,061,275→ 0 total
AG FUNDS L P
10% Owner
Transactions
- Other
Common Stock
2005-02-24−1,061,275→ 0 total - Other
Common Stock
2005-02-24−1,923,225→ 0 total(indirect: See footnote)
Footnotes (3)
- [F1]The Reporting Persons are filing this statement to disclose that 1,923,225 shares of the Issuer's common stock, par value $.01 per share ("Shares"), previously held for the account of PRA Investments, L.L.C., a Delaware limited liability company of which AG Funds (as defined below) is the managing member ("PRAI"), were transferred for no consideration in a pro rata distribution to the members of PRAI.
- [F2]The Reporting Persons are filing this statement to disclose (i) that 1,061,275 Shares previously held for the account of AG Funds, L.P., a Delaware limited partnership ("AG Funds"), together with all of the Shares AG Funds received in connection with the Share distribution by PRAI, were transferred for no consideration in a pro rata distribution to the partners of AG Funds and (ii) that, immediately thereafter, all of the Shares that were distributed by AG funds to its general partner AG Funds GP, L.P., a Delaware limited partnership ("AG Funds GP"), were transferred for no consideration in a pro rata distribution to the partners of AG Funds GP.
- [F3]Following the Share distributions described herein, Mr. John M. Angelo may be deemed to have voting and dispositive power over an aggregate of 577,967 Shares, and Mr. Michael L. Gordon may be deemed to have voting and dispositive power over an aggregate of 505,761 Shares. Each of Mr. Angelo and Mr. Gordon disclaims beneficial ownership of the aforementioned Shares except to the extent of any pecuniary interest therein.
Documents
Issuer
PORTFOLIO RECOVERY ASSOCIATES INC
CIK 0001185348
Entity typeother
Related Parties
1- filerCIK 0001064682
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 5:01 PM ET
- Size
- 13.3 KB