SEC Form 4 · accession 0001127602-16-059317
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
Aug 1, 2016
Accepted (ET)
Aug 2, 2016 · 5:07 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 | Aug 1, 2016 | M | 17,806 | $17.95 | A | 139,225 | D | |
| Common StockF1,F2,F3 | Aug 1, 2016 | S | 11,236 | $43.9206 | D | 127,989 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option To Purchase Common Stock | $17.95 | Aug 1, 2016 | M | 17,806 | D | Mar 1, 2016 | Feb 22, 2023 | Common Stock | 17,806 | 0 | D |
Explanation of responses
- F1These shares were sold in connection with the option exercise 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 $43.90 to $43.95. 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.
- F3Includes 4,593 shares held in the reporting person's account in the Issuer's retirement and savings plan (KSOP) based on the most recent quarterly reporting as of June 30, 2016.