Filing Details
- Accession Number:
- 0001127602-17-021514
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-06-15 17:12:45
- Reporting Period:
- 2017-06-15
- Filing Date:
- 2017-06-15
- Accepted Time:
- 2017-06-15 17:12:45
- 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 |
---|---|---|---|---|---|---|---|
1417013 | B. Karen Case | C/O Privatebancorp, Inc. 120 S. Lasalle St. Chicago IL 60603 | President Of Cre Banking | No | Yes | 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 | Acquisiton | 2017-06-15 | 78,125 | $26.10 | 186,136 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-06-15 | 78,125 | $60.17 | 108,011 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 | 2017-06-15 | 78,125 | $0.00 | 78,125 | $26.10 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2017-11-01 | No | 4 | M | Direct |
Footnotes
- Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $60.05 to $60.31. 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 November 1, 2007. Fifty percent were scheduled to vest upon achievement of specific performance targets. The remaining 50% vested 20% every year on the anniversary of the date of grant and became fully vested after five years.
- Of the 125,000 options originally granted in 2007, 62,500 vested based on time-vesting requirements and 15,625 of the total 62,500 performance-vested options vested pursuant to the terms of the options providing for minimum vesting at 25%. The remaining 46,875 performance-vested options did not vest due to failure to achieve specific performance targets.