SEC Form 4 · accession 0001209191-15-023237
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Zuckert
Officer — General Counsel
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 8:59 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 | Mar 3, 2015 | M | 363 | — | A | 363 | D | |
| Common StockF3 | Mar 3, 2015 | F | 137 | $124.77 | D | 226 | D |
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 | Mar 3, 2015 | M | 363 | D | Mar 3, 2015 | Mar 3, 2021 | Common Stock | 363 | 1,087 | D |
Explanation of responses
- F1Previously reported Restricted Stock Units vested on March 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.