X0306 4 2016-02-05 0000889936 PRIVATEBANCORP, INC PVTB 0001609718 Znavor Vicki C/O PRIVATEBANCORP, INC. 120 S. LASALLE STREET CHICAGO IL 60603 1 Chief Human Resources Officer Common Stock 2016-02-05 4 A 0 458 0 A 4883 D Represents the minimum number of shares of common stock that have become issuable (subject to continued employment by the reporting person through the vesting date on March 1, 2017) under PSUs granted to the reporting person in March 2014. The performance period for the PSUs is 2014-2016 but the PSUs also contain a 2-year interim performance threshold. Because the Issuer's 2-year cumulative EPS performance through December 31, 2015 exceeded a pre-determined threshold, then upon vesting the reporting person is eligible to receive, at a minimum, the number of shares reported above which represent 33.5% of the target award. Based on the terms of the award, distribution of the shares underlying the PSUs will generally be deferred for an additional 2 years after vesting. /s/ Elizabeth Nemeth, Attorney-in-Fact 2016-02-09