SEC Form 4 · accession 0001127602-15-026919
PRIVATEBANCORP, INC · PVTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alejandro Silva
Director
Period of report
Sep 10, 2015
Accepted (ET)
Sep 11, 2015 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000889936
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 10, 2015 | M | 3,000 | $0.00 | A | 36,282 | D | |
| Common StockF2 | Sep 10, 2015 | S | 2,766 | $38.1336 | D | 33,516 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $33.01 | Sep 10, 2015 | M | 3,000 | D | Dec 31, 2005 | Sep 22, 2015 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1The reported transactions represent the acquisition of shares upon exercise of 10-year options set to expire on September 22, 2015, a portion of which were sold to pay the exercise price of the options.
- F2Reflects the weighted average sale price for multiple transactions reported on this line. The shares were sold at prices that ranged from $38.13 to $38.135. 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.