Filing Details
- Accession Number:
- 0001127602-17-021304
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-06-13 16:17:57
- Reporting Period:
- 2017-06-09
- Filing Date:
- 2017-06-13
- Accepted Time:
- 2017-06-13 16:17:57
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
889936 | Privatebancorp Inc | PVTB | State Commercial Banks (6022) | 363681151 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1228101 | Norman Bobins | C/O Privatebancorp, Inc. 120 S. Lasalle Street Chicago IL 60603 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2017-05-18 | 26,025 | $0.00 | 63,675 | No | 5 | G | Direct | |
Common Stock | Disposition | 2017-05-24 | 40,821 | $0.00 | 22,854 | No | 5 | G | Direct | |
Common Stock | Acquisiton | 2017-06-09 | 62,500 | $26.64 | 85,354 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-06-09 | 29,383 | $60.45 | 55,971 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | G | Direct | |
No | 5 | G | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Disposition | 2017-06-09 | 62,500 | $0.00 | 62,500 | $26.64 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2018-07-07 | No | 4 | M | Direct |
Footnotes
- These shares were sold in connection with the stock option exercise reported on this form in order to pay the exercise price and related tax obligations upon exercise.
- Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $60.31 to $60.52. 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.
- Options were granted on July 7, 2008. One-half, or 50,000, of the stock options were subject to time-vesting requirements and vested in equal portions on each December 31 of the years 2008, 2009, and 2010. The remaining 50,000 stock options vested in equal portions over five years subject to the achievement of specific performance targets.
- Of the 100,000 options originally granted in 2008, 50,000 vested based on time-vesting requirements and 12,500 of the total 50,000 performance-vested options vested due to the reporting person remaining on the board through December 31, 2012, pursuant to the terms of the options providing for minimum vesting at 25%. The remaining 37,500 performance-vested options did not vest due to failure to achieve specific performance targets.