SEC Form 4 · accession 0001209191-15-038649
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip C Cox
Officer — Head EMEA India & President,UK
Period of report
Apr 30, 2015
Accepted (ET)
May 4, 2015 · 8:43 pm EDT
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 | Apr 30, 2015 | M | 575 | — | A | 2,699 | D | |
| Common StockF3 | Apr 30, 2015 | F | 259 | $132.76 | D | 2,440 | D | |
| Common Stock | Apr 30, 2015 | M | 1,500 | $60.37 | A | 3,940 | D | |
| Common Stock | Apr 30, 2015 | M | 813 | $64.37 | A | 4,753 | D | |
| Common Stock | Apr 30, 2015 | M | 550 | $49.18 | A | 5,303 | D | |
| Common Stock | Apr 30, 2015 | M | 2,350 | $71.11 | A | 7,653 | D | |
| Common StockF4 | Apr 30, 2015 | F | 3,806 | $134.5384 | D | 3,847 | 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,F2 | $0.00 | Apr 30, 2015 | M | 575 | D | Apr 30, 2014 | Apr 30, 2020 | Common Stock | 575 | 1,150 | D |
| Stock Option | $64.37 | Apr 30, 2015 | M | 813 | D | May 1, 2013 | May 1, 2019 | Common Stock | 813 | 1,624 | D |
| Stock Option | $71.11 | Apr 30, 2015 | M | 2,350 | D | Apr 30, 2014 | Apr 30, 2020 | Common Stock | 2,350 | 2,350 | D |
| Stock Option | $60.37 | Apr 30, 2015 | M | 1,500 | D | Apr 27, 2012 | Apr 27, 2018 | Common Stock | 1,500 | 0 | D |
| Stock Option | $49.18 | Apr 30, 2015 | M | 550 | D | Apr 30, 2011 | Apr 30, 2017 | Common Stock | 550 | 0 | D |
Explanation of responses
- F1Previously reported restricted stock units vested on 4/30/2015.
- 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.
- F4The 3,806 shares were sold through separate trades, with the sale prices ranging from $134.44 to $134.65 and at a weighted average sale price of $134.5384.