Wiatr Leonard 4
4 · PRIVATEBANCORP, INC · Filed Feb 24, 2012
Insider Transaction Report
Form 4
Wiatr Leonard
Chief Risk Officer
Transactions
- Award
Common Stock
2012-02-22$14.39/sh+9,442$135,870→ 45,250 total - Award
Option To Purchase Common Stock
2012-02-22$14.39/sh+11,768$169,342→ 11,768 totalExercise: $14.39Exp: 2022-02-22→ Common Stock (11,768 underlying)
Footnotes (2)
- [F1]Restricted stock units were granted on February 22, 2012 as part of the reporting person's 2011 annual incentive and 2012 long-term incentive awards. Each restricted stock unit represents a contingent right to receive one share of Company stock. One-third of the restricted stock units will vest on March 1 of each of 2013, 2014 and 2015.
- [F2]Options were granted on February 22, 2012 as part of the reporting person's 2012 long-term incentive award, one-third of which will vest on March 1 of each of 2013, 2014 and 2015.