SEC Form 4 · accession 0001127602-16-042730
PRIVATEBANCORP, INC · PVTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen B. Case
Officer — President of CRE Banking
Period of report
Feb 19, 2016
Accepted (ET)
Feb 22, 2016 · 5:25 pm EST
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 StockF1 | Feb 19, 2016 | A | 6,153 | $0.00 | A | 88,135 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option To Purchase Common StockF2 | $34.13 | Feb 19, 2016 | A | 5,595 | A | Mar 1, 2019 | Feb 19, 2026 | Common Stock | 5,595 | 5,595 | D |
Explanation of responses
- F1Reflects shares underlying time-vested restricted stock units (RSUs). One third vest on March 1 of each of 2017, 2018 and 2019. Shares underlying vested RSUs are generally not distributable to the reporting person until the earliest of: March 1, 2022; such person's death or disability; an involuntary separation from the Issuer subsequent to a change in control; or a change in control of the Issuer as defined under Section 409A under the Internal Revenue Code.
- F2Options vest 100% on March 1, 2019.