4//SEC Filing
PRIVATEBANCORP, INC 4
Accession 0001127602-16-042720
CIK 0000889936operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:13 PM ET
Size
7.6 KB
Accession
0001127602-16-042720
Insider Transaction Report
Form 4
Richman Larry D.
DirectorPresident and CEO
Transactions
- Award
Option To Purchase Common Stock
2016-02-19+33,722→ 33,722 totalExercise: $34.13From: 2019-03-01Exp: 2026-02-19→ Common Stock (33,722 underlying) - Award
Common Stock
2016-02-19+28,567→ 493,279.63 total
Footnotes (3)
- [F1]Reflects shares underlying time-vested restricted stock units (RSUs). One third vest on March 1 of each of 2017, 2018 and 2019. 12,452 of the shares underlying vested RSUs are generally not distributable to Mr. Richman until the earliest of: March 1, 2022; his death or disability; an involuntary separation from the Issuer subsequent to a change in control; or a change in control of the Issuer as defined under Section 409A under the Internal Revenue Code. The remaining 16,115 shares underlying vested RSUs are distributable to him upon his resignation or other separation from the Issuer or, if earlier, when limitations on tax deductibility of executive compensation expense under Section 162(m) of the Internal Revenue Code no longer apply to him.
- [F2]Includes 293 shares allocated to the reporting person's account under the Issuer's Savings and Retirement Plan as of February 19, 2016.
- [F3]Options vest 100% on March 1, 2019.
Documents
Issuer
PRIVATEBANCORP, INC
CIK 0000889936
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000889936
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:13 PM ET
- Size
- 7.6 KB