Sec Form 4 Filing - Hague Bruce R. @ PRIVATEBANCORP, INC - 2015-10-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hague Bruce R.
2. Issuer Name and Ticker or Trading Symbol
PRIVATEBANCORP, INC [ PVTB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Pres. of Natl. Com. Banking
(Last) (First) (Middle)
C/O PRIVATEBANCORP, INC., 120 SOUTH LASALLE ST.
3. Date of Earliest Transaction (MM/DD/YY)
10/22/2015
(Street)
CHICAGO, IL60603
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/22/2015 M 78,125 A $ 26.1 207,721.69 D
Common Stock 10/22/2015 M 25,338 A $ 14.39 233,059.69 D
Common Stock 10/22/2015 S 81,867 ( 1 ) D $ 40.4766 ( 2 ) 151,192.69 D
Common Stock 10/22/2015 S 37,473 D $ 40.6358 ( 3 ) 113,719.69 D
Common Stock 10/23/2015 S 7,527 D $ 41.4351 ( 4 ) 106,192.69 ( 5 ) D
Common Stock 1,300 I Held By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 26.1 10/22/2015 M 78,125 ( 6 ) 11/01/2017 Common Stock 78,125 $ 0 0 D
Option To Purchase Common Stock $ 14.39 10/22/2015 M 25,338 ( 7 ) 02/22/2022 Common Stock 25,338 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hague Bruce R.
C/O PRIVATEBANCORP, INC.
120 SOUTH LASALLE ST.
CHICAGO, IL60603
Pres. of Natl. Com. Banking
Signatures
/s/ Elizabeth Nemeth, Attorney-in-Fact 10/23/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares were sold in connection with the option exercises reported on this form in order to pay the exercise price and related tax obligations upon exercise.
( 2 )Reflects the weighted average sales price of multiple transactions reported on this line. The shares were sold at prices that ranged from $40.29 to $40.82. 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.
( 3 )Reflects the weighted average sales price for multiple transactions reported on this line. The shares were sold at prices that ranged from $40.50 to $40.82. 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.
( 4 )Reflects the weighted average sales price for multiple transactions reported on this line. The shares were sold at prices that ranged from $41.42 to $41.48. Upon the 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.
( 5 )Includes 3,761.45 shares held by 401(k) based on the latest quarterly reporting as of September 30, 2015.
( 6 )Options were granted November 1, 2007 and become fully vested on December 31, 2012.
( 7 )Options were granted on February 22, 2012, one-third of which vested on March 1 of each of 2013, 2014 and 2015.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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