SEC Filing | Encore Capital Group

View:

SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Syran James A.

(Last)

(First)

(Middle)

3111 CAMINO DEL RIO NORTH, SUITE 1300

(Street)

SAN DIEGO

92108

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/05/2013

3. Issuer Name and Ticker or Trading Symbol
ENCORE CAPITAL GROUP INC [ ECPG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Sr VP, Ops & Chief Mkting Off.

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	35,309⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Non-Qualified Stock Option (right to buy)	⁽²⁾	01/24/2017	Common Stock	10,000	11.3	D
Non-Qualified Stock Option (right to buy)	⁽³⁾	08/23/2017	Common Stock	10,000	10.92	D
Non-Qualified Stock Option (right to buy)	⁽⁴⁾	02/25/2020	Common Stock	26,400	17.9	D
Non-Qualified Stock Option (right to buy)	⁽⁵⁾	03/15/2021	Common Stock	30,000	24.65	D
Non-Qualified Stock Option (right to buy)	⁽⁶⁾	04/06/2022	Common Stock	30,000	22.17	D

Explanation of Responses:

1. These shares include (i) 5,833 unvested restricted stock units (each of which represents the right to receive one share of Encore common stock), which will vest by March 9, 2014 and (ii) 11,666 unvested restricted stock awards (each of which represents the right to receive one share of Encore common stock), half of which vest on March 9, 2014 and the other half on March 9, 2015.

2. Grant to the reporting person on January 24, 2007 of a non-qualified stock option under the Encore Capital Group, Inc. 2005 Stock Incentive Plan (the "2005 Plan"). All shares under the option have become vested and exercisable.

3. Grant to the reporting person on August 23, 2007 of a non-qualified stock option under the 2005 Plan. All shares under the option have become vested and exercisable.

4. Grant to the reporting person on February 25, 2010 of a non-qualified stock option under the 2005 Plan. All shares under the option have become vested and exercisable.

5. Grant to the reporting person on March 15, 2011 of a non-qualified stock option under the 2005 Plan. One-third of the shares granted under the option became vested and exercisable on March 9, 2012 and one-third of the shares granted under the option became vested and exercisable on March 9, 2013. The remaining one-third of shares granted under the option will become vested and exercisable on March 9, 2014.

6. Grant to the reporting person on April 6, 2012 of a non-qualified stock option under the 2005 Plan. One-third of the shares granted under the option became vested and exercisable on March 9, 2013. One-third of the shares granted under the option will become vested and exercisable on March 9, 2014, and the remaining one-third of the shares granted under the option will become vested and exercisable on March 9, 2015.

Remarks:

Exhibit List 24 - Power of Attorney

	/s/ Melissa A. Resslar, Attorney-in-Fact for James A. Syran	06/10/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

rrd344299_389311.html

                               POWER OF ATTORNEY

Know all men by these presents, that the undersigned hereby constitutes and
appoints Gregory L. Call, and Melissa A. Resslar, and each of them, his true and
lawful attorney-in-fact to:

       (1) execute for and on behalf of the undersigned in the undersigned's
capacity as an officer and/or director of Encore Capital Group, Inc. (the
"Company"), any and all reports and forms required to be filed by the
undersigned in accordance with Section 16 of the Securities Exchange Act of 1934
and the rules thereunder, including but not limited to all Forms 3, 4 and 5;

       (2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such report or
form and timely file the same with the United States Securities and Exchange
Commission and any stock exchange or similar trading market; and

       (3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned, pursuant to this Power of Attorney, shall be in the form and shall
contain such terms and conditions as such attorney-in-fact may approve in his or
her discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary, and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or his or her
substitute or substitutes shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file reports or forms pursuant to Section
16 with respect to the undersigned's holdings of and transactions in securities
issued by the Company, unless earlier revoked by the undersigned in a signed
writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 10th day of June, 2013.

                                         By: /s/ James Alexander Syran
                                             ------------------------------
                                         Print Name: James Alexander Syran