X0306 4 2014-02-21 0000889936 PRIVATEBANCORP, INC PVTB 0001417782 Ahrens C. Brant C/O PRIVATEBANCORP, INC. 120 S. LASALLE STREET CHICAGO IL 60603 1 President, Personal Client Ser Common Stock 2014-02-21 4 A 0 2684 27.94 A 59166 D Option To Purchase Common Stock 27.94 2014-02-21 4 A 0 6127 27.94 A 2017-03-01 2024-02-21 Common Stock 6127 6127 D Reflects shares underlying time-vested restricted stock units (RSUs). One-third of the RSUs vest on March 1 of each of 2015, 2016 and 2017. The shares underlying vested RSUs are generally not distributable to the reporting person until the earliest of: March 1, 2020; such person's death, disability, resignation or other separation from the Issuer; or a change in control of the Issuer as defined under Section 409A under the Internal Revenue Code. Options vest on March 1, 2017. /s/ Elizabeth Nemeth, Attorney-in-Fact 2014-02-25