SEC Form 4 · accession 0001209191-15-007568
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc J Verissimo
Officer — Chief Risk Officer
Period of report
Jan 27, 2015
Accepted (ET)
Jan 29, 2015 · 6:34 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 | Jan 27, 2015 | S | 3,900 | $116.7108 | D | 14,668 | D | |
| Common Stock | Jan 27, 2015 | M | 3,900 | $64.37 | A | 18,568 | D | |
| Common Stock | holding | — | — | — | 11,725 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $64.37 | Jan 27, 2015 | M | 3,900 | D | May 1, 2013 | May 1, 2019 | Common Stock | 3,900 | 3,900 | D |
Explanation of responses
- F1The 3,900 shares were sold through separate trades, with the sale prices ranging from $116.31 to $117.22 and at a weighted average sale price of $116.7108.