SEC Form 4 · accession 0001209191-15-002870
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John China
Officer — Head of Relationship Banking
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 4:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719739
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 5, 2015 | M | 312 | — | A | 5,765 | D | |
| Common StockF3 | Jan 5, 2015 | F | 137 | $111.93 | D | 5,628 | D | |
| Common Stock | holding | — | — | — | 5,273 | I | By 401(k)/ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Jan 5, 2015 | M | 312 | D | Jan 3, 2012 | Jan 3, 2018 | Common Stock | 312 | 0 | D |
Explanation of responses
- F1Previously reported restricted stock units vested on January 3, 2015.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- F3Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.