SEC Form 4 · accession 0001127602-15-029505

PRIVATEBANCORP, INC · PVTB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Bruce R. Hague

Officer — Pres. of Natl. Com. Banking

Period of report

Oct 22, 2015

Accepted (ET)

Oct 23, 2015 · 5:42 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	Oct 22, 2015	M	78,125	$26.10	A	207,722	D
Common Stock	Oct 22, 2015	M	25,338	$14.39	A	233,060	D
Common Stock^F1,F2	Oct 22, 2015	S	81,867	$40.4766	D	151,193	D
Common Stock^F3	Oct 22, 2015	S	37,473	$40.6358	D	113,720	D
Common Stock^F4,F5	Oct 23, 2015	S	7,527	$41.4351	D	106,193	D
Common Stock	holding	—	—		—	1,300	I	Held By Spouse

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)^F6	$26.10	Oct 22, 2015	M	78,125	D	—	Nov 1, 2017	Common Stock	78,125	0	D
Option To Purchase Common Stock^F7	$14.39	Oct 22, 2015	M	25,338	D	—	Feb 22, 2022	Common Stock	25,338	0	D

Explanation of responses

F1These shares were sold in connection with the option exercises reported on this form in order to pay the exercise price and related tax obligations upon exercise.
F2Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $40.29 to $40.82. 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.
F3Reflects the weighted average sales price for multiple transactions reported on this line. The shares were sold at prices that ranged from $40.50 to $40.82. 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.
F4Reflects the weighted average sales price for multiple transactions reported on this line. The shares were sold at prices that ranged from $41.42 to $41.48. Upon the 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.
F5Includes 3,761.45 shares held by 401(k) based on the latest quarterly reporting as of September 30, 2015.
F6Options were granted November 1, 2007 and become fully vested on December 31, 2012.
F7Options were granted on February 22, 2012, one-third of which vested on March 1 of each of 2013, 2014 and 2015.