Filing Details

Accession Number:
0001127602-17-021423
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-14 16:35:36
Reporting Period:
2017-06-12
Filing Date:
2017-06-14
Accepted Time:
2017-06-14 16:35:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
889936 Privatebancorp Inc PVTB State Commercial Banks (6022) 363681151
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1425284 Kevin Solkema Van C/O Privatebancorp, Inc.
120 South Lasalle St.
Chicago IL 60603
Chief Risk Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-06-12 39,062 $36.75 126,087 No 4 M Direct
Common Stock Acquisiton 2017-06-12 14,440 $14.99 140,527 No 4 M Direct
Common Stock Acquisiton 2017-06-12 16,610 $14.39 157,137 No 4 M Direct
Common Stock Acquisiton 2017-06-12 14,830 $17.95 171,967 No 4 M Direct
Common Stock Acquisiton 2017-06-12 6,127 $27.94 178,094 No 4 M Direct
Common Stock Disposition 2017-06-12 91,069 $60.29 87,025 No 4 S Direct
Common Stock Disposition 2017-06-12 24,567 $60.54 62,458 No 4 S Direct
Common Stock Disposition 2017-06-12 13,335 $0.00 49,123 No 5 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 5 G Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2017-06-12 39,062 $0.00 39,062 $36.75
Common Stock Option To Purchase Common Stock Disposition 2017-06-12 14,440 $0.00 14,440 $14.99
Common Stock Option To Purchase Common Stock Disposition 2017-06-12 16,610 $0.00 16,610 $14.39
Common Stock Option To Purchase Common Stock Disposition 2017-06-12 14,830 $0.00 14,830 $17.95
Common Stock Option To Purchase Common Stock Disposition 2017-06-12 6,127 $0.00 6,127 $27.94
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-02-01 No 4 M Direct
0 2021-04-01 No 4 M Direct
0 2022-02-22 No 4 M Direct
0 2016-03-01 2023-02-22 No 4 M Direct
0 2017-03-01 2024-02-21 No 4 M Direct
Footnotes
  1. Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $60.16 to $60.39. Upon request of the SEC staff, the issuer or a security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.
  2. Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $60.52 to $60.57. Upon request of the SEC staff, the issuer or a security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.
  3. Options were granted February 1, 2008. Fifty percent were scheduled to vest upon achievement of specific performance targets. The remaining 50% vested 20% every year on the anniversary of the date of grant and became fully vested after five years.
  4. Of the 62,500 options originally granted in 2008, 31,250 vested based on time-vesting requirements and 7,812 of the total 31,250 performance-vested options vested pursuant to the terms of the options providing for minimum vesting at 25%. The remaining 23,438 performance-vested options did not vest due to failure to achieve specific performance targets.
  5. Options were granted on April 1, 2011, one-third of which vested on the anniversary date in each of 2012, 2013 and 2014.
  6. Options were granted on February 22, 2012 as part of the reporting person's 2012 long-term incentive award, one-third of which vested on March 1 of each of 2013, 2014 and 2015.