X0303 4 2008-07-07 0 0000889936 PRIVATEBANCORP, INC PVTB 0001228101 BOBINS NORMAN 135 S. LASALLE ST. SUITE 325 CHICAGO IL 60603 1 0 0 0 Common Stock 2008-07-07 4 A 0 1877 0 A 5377 D Common Stock 2008-07-07 4 A 0 22525 0 A 27902 D Stock Option (right to buy) 26.64 2008-07-07 4 A 0 100000 0 A 2018-07-07 Common Stock 100000 100000 D Shares of restricted stock units were granted on July 7, 2008. The units will vest prorata each month and will be fully vested at the date of the Annual Shareholders' Meeting to be held in 2009, unless earlier vested or forfeited pursuant to the terms of the Restricted Stock Award Agreement. Effective July 7, 2008 restricted stock is fully vested. Options were granted on July 7, 2008. One-half, or 50,000, of the stock options will be subject to time-vesting requirements and will vest in equal portions on each December 31 of the years 2008, 2009, and 2010. The remaining 50,000 stock options will vest in equal portions over five years suject to the achievement of specific EPS growth targets. /s/ Dennis L. Klaeser, Attorney-in-Fact 2008-07-09