SEC Form 4 · accession 0001127602-17-021586
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
Jun 16, 2017
Accepted (ET)
Jun 16, 2017 · 5:09 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 | Jun 16, 2017 | M | 14,440 | $14.99 | A | 122,451 | D | |
| Common Stock | Jun 16, 2017 | M | 15,015 | $14.39 | A | 137,466 | D | |
| Common Stock | Jun 16, 2017 | M | 13,420 | $17.95 | A | 150,886 | D | |
| Common Stock | Jun 16, 2017 | M | 6,638 | $27.94 | A | 157,524 | D | |
| Common StockF1 | Jun 16, 2017 | S | 49,513 | $60.46 | D | 108,011 | 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 | $14.99 | Jun 16, 2017 | M | 14,440 | D | — | Feb 1, 2022 | Common Stock | 14,440 | 0 | D |
| Option To Purchase Common StockF3 | $14.39 | Jun 16, 2017 | M | 15,015 | D | — | Feb 22, 2022 | Common Stock | 15,015 | 0 | D |
| Option To Purchase Common Stock | $17.95 | Jun 16, 2017 | M | 13,420 | D | Mar 1, 2016 | Feb 22, 2023 | Common Stock | 13,420 | 0 | D |
| Option To Purchase Common Stock | $27.94 | Jun 16, 2017 | M | 6,638 | D | Mar 1, 2017 | Feb 21, 2024 | Common Stock | 6,638 | 0 | D |
Explanation of responses
- F1Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $60.45 to $60.49. 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.
- F2Options were granted on April 1, 2011, one-third of which vested on the anniversary date in each of 2012, 2013 and 2014.
- F3Options were granted on February 22, 2012 as part of the reporting person's 2012 long-term incentive award, one-third of which vested on March 1 of each of 2013, 2014 and 2015.