PRIVATEBANCORP, INC 4
4 · PRIVATEBANCORP, INC · Filed Feb 22, 2016
Insider Transaction Report
Form 4
Lubin Bruce S.
Pres. of IL Commercial Banking
Transactions
- Award
Common Stock
2016-02-19+7,618→ 131,302 total - Award
Option To Purchase Common Stock
2016-02-19+6,744→ 6,744 totalExercise: $34.13From: 2019-03-01Exp: 2026-02-19→ Common Stock (6,744 underlying)
Footnotes (2)
- [F1]Reflects shares underlying time-vested restricted stock units (RSUs). One third vest on March 1 of each of 2017, 2018 and 2019. Shares underlying vested RSUs are generally not distributable to the reporting person until the earliest of: March 1, 2022; such person's 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.
- [F2]Options vest 100% on March 1, 2019.