SEC Form 4 · accession 0001209191-15-046294
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Garen K Staglin
Director
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 5:49 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 Stock | holding | — | — | — | 7,669 | 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 | May 20, 2015 | A | 737 | A | Apr 21, 2016 | May 20, 2022 | Common Stock | 737 | 737 | D |
Explanation of responses
- F1This transaction represents the reporting person's annual Director Equity grant of Restricted Stock Units. This award was granted on May 20, 2015, and is scheduled to vest upon the completion of the reporting person's 2015-2016 director term, currently expected to be on April 21, 2016 (the scheduled date of the Issuer's 2016 Annual Shareholder Meeting).
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.