SEC Form 4 · accession 0001209191-15-046304
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Robinson
Director
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 6:04 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 | May 14, 2015 | G | 600 | $136.25 | D | 5,674 | D | |
| Common Stock | May 21, 2015 | S | 886 | $134.85 | D | 4,788 | D | |
| Common Stock | May 21, 2015 | S | 54 | $134.75 | D | 4,734 | 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 UnitF2,F3 | $0.00 | May 20, 2015 | A | 737 | A | Apr 21, 2016 | May 20, 2022 | Common Stock | 737 | 737 | D |
Explanation of responses
- F1Charitable donation of 600 shares held by reporting person.
- F2This 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).
- F3Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.