SEC Form 4 · accession 0001209191-15-009112
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Descheneaux
Officer — Chief Financial Officer
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 6:47 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 Stock | Jan 30, 2015 | M | 1,500 | $27.84 | A | 10,311 | D | |
| Common Stock | Jan 30, 2015 | M | 1,500 | $45.19 | A | 11,811 | D | |
| Common Stock | Jan 30, 2015 | M | 2,000 | $60.37 | A | 13,811 | D | |
| Common Stock | Jan 30, 2015 | M | 2,000 | $64.37 | A | 15,811 | D | |
| Common Stock | Jan 30, 2015 | M | 2,000 | $71.11 | A | 17,811 | D | |
| Common Stock | Jan 30, 2015 | S | 1,410 | $114.151 | D | 16,401 | D | |
| Common Stock | Jan 30, 2015 | S | 90 | $114.15 | D | 16,311 | D | |
| Common Stock | Jan 30, 2015 | S | 100 | $113.171 | D | 16,211 | D | |
| Common Stock | Jan 30, 2015 | S | 100 | $113.17 | D | 16,111 | D | |
| Common Stock | Jan 30, 2015 | S | 400 | $113.1601 | D | 15,711 | D | |
| Common Stock | Jan 30, 2015 | S | 300 | $113.10 | D | 15,411 | D | |
| Common Stock | Jan 30, 2015 | S | 200 | $113.101 | D | 15,211 | D | |
| Common Stock | Jan 30, 2015 | S | 900 | $113.06 | D | 14,311 | D | |
| Common Stock | Jan 30, 2015 | S | 230 | $113.561 | D | 14,081 | D | |
| Common Stock | Jan 30, 2015 | S | 1,400 | $113.5601 | D | 12,681 | D | |
| Common Stock | Jan 30, 2015 | S | 370 | $113.48 | D | 12,311 | D | |
| Common StockF1 | Jan 30, 2015 | S | 2,000 | $113.6824 | D | 10,311 | D | |
| Common Stock | Jan 30, 2015 | S | 100 | $114.1901 | D | 10,211 | D | |
| Common Stock | Jan 30, 2015 | S | 100 | $114.1851 | D | 10,111 | D | |
| Common Stock | Jan 30, 2015 | S | 300 | $114.131 | D | 9,811 | D | |
| Common Stock | Jan 30, 2015 | S | 400 | $114.1301 | D | 9,411 | D | |
| Common Stock | Jan 30, 2015 | S | 600 | $113.98 | D | 8,811 | D | |
| Common Stock | holding | — | — | — | 230 | 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 | $71.11 | Jan 30, 2015 | M | 2,000 | D | Apr 30, 2014 | Apr 30, 2020 | Common Stock | 2,000 | 15,300 | D |
| Stock Option | $64.37 | Jan 30, 2015 | M | 2,000 | D | May 1, 2013 | May 1, 2019 | Common Stock | 2,000 | 15,400 | D |
| Stock Option | $60.37 | Jan 30, 2015 | M | 2,000 | D | Apr 27, 2012 | Apr 27, 2018 | Common Stock | 2,000 | 10,000 | D |
| Stock Option | $45.19 | Jan 30, 2015 | M | 1,500 | D | Jul 27, 2011 | Jul 27, 2017 | Common Stock | 1,500 | 5,767 | D |
| Stock Option | $27.84 | Jan 30, 2015 | M | 1,500 | D | May 12, 2010 | May 12, 2016 | Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1The 2,000 shares were sold through separate trades, with the sale prices ranging from $113.66 to $113.751 and at a weighted average sale price of $113.6824.