4//SEC Filing
PRIVATEBANCORP, INC 4
Accession 0001127602-17-021423
CIK 0000889936operating
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 4:35 PM ET
Size
26.6 KB
Accession
0001127602-17-021423
Insider Transaction Report
Form 4
Van Solkema Kevin
Chief Risk Officer
Transactions
- Exercise/Conversion
Common Stock
2017-06-12$36.75/sh+39,062$1,435,529→ 126,087 total - Exercise/Conversion
Common Stock
2017-06-12$14.99/sh+14,440$216,456→ 140,527 total - Exercise/Conversion
Option To Purchase Common Stock
2017-06-12−14,440→ 0 totalExercise: $14.99Exp: 2021-04-01→ Common Stock (14,440 underlying) - Exercise/Conversion
Option To Purchase Common Stock
2017-06-12−16,610→ 0 totalExercise: $14.39Exp: 2022-02-22→ Common Stock (16,610 underlying) - Sale
Common Stock
2017-06-12$60.54/sh−24,567$1,487,286→ 62,458 total - Exercise/Conversion
Common Stock
2017-06-12$14.39/sh+16,610$239,018→ 157,137 total - Exercise/Conversion
Common Stock
2017-06-12$27.94/sh+6,127$171,188→ 178,094 total - Exercise/Conversion
Option To Purchase Common Stock
2017-06-12−6,127→ 0 totalExercise: $27.94From: 2017-03-01Exp: 2024-02-21→ Common Stock (6,127 underlying) - Sale
Common Stock
2017-06-12$60.29/sh−91,069$5,490,550→ 87,025 total - Gift
Common Stock
2017-06-12−13,335→ 49,123 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-06-12−39,062→ 0 totalExercise: $36.75Exp: 2018-02-01→ Common Stock (39,062 underlying) - Exercise/Conversion
Option To Purchase Common Stock
2017-06-12−14,830→ 0 totalExercise: $17.95From: 2016-03-01Exp: 2023-02-22→ Common Stock (14,830 underlying) - Exercise/Conversion
Common Stock
2017-06-12$17.95/sh+14,830$266,199→ 171,967 total
Footnotes (6)
- [F1]Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $60.16 to $60.39. Upon request of the SEC staff, the issuer or a security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.
- [F2]Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $60.52 to $60.57. Upon request of the SEC staff, the issuer or a security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.
- [F3]Options were granted February 1, 2008. Fifty percent were scheduled to vest upon achievement of specific performance targets. The remaining 50% vested 20% every year on the anniversary of the date of grant and became fully vested after five years.
- [F4]Of the 62,500 options originally granted in 2008, 31,250 vested based on time-vesting requirements and 7,812 of the total 31,250 performance-vested options vested pursuant to the terms of the options providing for minimum vesting at 25%. The remaining 23,438 performance-vested options did not vest due to failure to achieve specific performance targets.
- [F5]Options were granted on April 1, 2011, one-third of which vested on the anniversary date in each of 2012, 2013 and 2014.
- [F6]Options were granted on February 22, 2012 as part of the reporting person's 2012 long-term incentive award, one-third of which vested on March 1 of each of 2013, 2014 and 2015.
Documents
Issuer
PRIVATEBANCORP, INC
CIK 0000889936
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000889936
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 4:35 PM ET
- Size
- 26.6 KB