PRIVATEBANCORP, INC 4
4 · PRIVATEBANCORP, INC · Filed Apr 26, 2017
Insider Transaction Report
Form 4
RYBAK WILLIAM R
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2017-04-24−3,000→ 0 totalExercise: $33.73Exp: 2017-04-26→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2017-04-24$33.73/sh+3,000$101,190→ 43,820 total - Tax Payment
Common Stock
2017-04-24$58.68/sh−1,610$94,475→ 42,210 total
Holdings
- 2,610(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Represents partial payment of the aggregate exercise price of the stock option through the attestation of previously-owned shares, as permitted by the terms of the award agreement. The remainder of the aggregate exercise price was paid in cash. The price is equal to the FMV of the common stock on the date of exercise and is used to determine the portion of the aggregate exercise price paid by the shares deemed delivered to the Company by attestation of previously owned shares and the residual amount of cash paid to satisfy in full the aggregate exercise price.
- [F2]One-third of the options vested each year on the anniversary of the date of grant and were fully vested after three years from the date of the grant.