SEC Form 4 · accession 0001127602-17-001555
PRIVATEBANCORP, INC · PVTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Bruce Nicholson
Director
Period of report
Jan 10, 2017
Accepted (ET)
Jan 11, 2017 · 4:30 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 | Jan 10, 2017 | M | 208 | — | A | 49,045 | D | |
| Common Stock | Jan 10, 2017 | D | 0 | $53.74 | D | 49,045 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2,F3 | — | Jan 10, 2017 | M | 208 | D | — | — | Common Stock | 208 | 10,372 | D |
Explanation of responses
- F1On January 10, 2017, the reporting person received 208.4051 shares of common stock of the Issuer in settlement of an equal number of phantom stock units held pursuant to the Company's deferred compensation plan.
- F2The phantom stock units convert to common stock of the Issuer on a 1-for-1 basis.
- F3The phantom stock units are to be settled in common stock of the Issuer upon the date previously elected by the reporting person.