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Filing Details

Accession Number:: 0001209191-10-041750
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-08-09 13:00:00
Reporting Period:: 2010-08-05

Filing Date:: 2010-08-09
Accepted Time:: 2010-08-09 17:28:28
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1185348	Portfolio Recovery Associates Inc	PRAA	Services-Consumer Credit Reporting, Collection Agencies (7320)	753078675

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1203422	N David Roberts	120 Corporate Blvd Suite 100 Norfolk VA 23502		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-08-05	12,200	$69.62	81,594	No	4	S	Indirect	See footnotes (1)
Common Stock	Disposition	2010-08-06	21,624	$68.12	59,970	No	4	S	Indirect	See footnotes (1)
Common Stock	Disposition	2010-08-06	2,899	$69.09	57,071	No	4	S	Indirect	See footnotes (1)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes (1)
No	4	S	Indirect	See footnotes (1)
No	4	S	Indirect	See footnotes (1)

Footnotes

Shares of stock disposed of pursuant to the sale transactions reported in this Form 4 were sold by the David Roberts 2008 Grantor Retained Annuity Trust (the "GRAT"), with respect to which the Reporting Person is the Trustee and a beneficiary. The Reporting Person disclaims beneficial ownership of the shares of stock, and the proceeds from the sales thereof, held in the GRAT, except to the extent of his pecuniary interest therein.
The sale prices for this transaction ranged from $69.26 to $70.10. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Aggregate ownership by Reporting Person consists of (i) 10,164 of shares of stock owned directly and (ii) 71,430 shares of stock owned indirectly.
The sale prices for this transaction ranged from $68.00 to $68.72. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Aggregate ownership by Reporting Person consists of (i) 10,164 of shares of stock owned directly and (ii) 49,806 shares of stock owned indirectly.
The sale prices for this transaction ranged from $69.00 to $69.29. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Aggregate ownership by Reporting Person consists of (i) 10,164 of shares of stock owned directly and (ii) 46,907 shares of stock owned indirectly.