PRIVATEBANCORP, INC 4
4 · PRIVATEBANCORP, INC · Filed Feb 9, 2016
Insider Transaction Report
Form 4
Wiatr Leonard
Chief Risk Officer
Transactions
- Award
Common Stock
2016-02-05+3,847→ 52,828 total
Footnotes (1)
- [F1]Represents the additional number of shares of common stock that have become issuable based on achievement of a pre-established 3-year (2013-2015) EPS metric under PSUs granted to the reporting person in March 2013. A further 1,923 shares of common stock issuable under the PSUs were previously reported on a Form 4, filed with the SEC on January 22, 2015, due to the Issuer's EPS performance during the first 2 years of the performance period. The Compensation Committee of the Issuer's Board of Directors certified that the Issuer achieved financial performance levels which will result in vesting of the PSUs at 150% of target on February 28, 2015, subject to continued employment by the reporting person with the Issuer to that date. Based on the terms of the award, distribution of the aggregate 5,770 shares of common stock underlying the PSUs is generally deferred for an additional 2 years after vesting.