SEC Form 4 · accession 0001209191-15-060253
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
Jun 30, 2015
Accepted (ET)
Jul 9, 2015 · 2:57 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 | Jun 30, 2015 | A | 217 | $97.861 | A | 8,758 | D | |
| Common StockF2 | Jul 7, 2015 | M | 1,500 | $27.84 | A | 10,258 | D | |
| Common StockF2 | Jul 7, 2015 | M | 2,267 | $45.19 | A | 12,525 | D | |
| Common StockF2 | Jul 7, 2015 | S | 3,767 | $142.30 | D | 8,758 | D | |
| Common StockF3 | holding | — | — | — | 259 | 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 OptionF2 | $45.19 | Jul 7, 2015 | M | 2,267 | D | Jul 27, 2011 | Jul 27, 2017 | Common Stock | 2,267 | 2,500 | D |
| Stock OptionF2 | $27.84 | Jul 7, 2015 | M | 1,500 | D | May 12, 2010 | May 12, 2016 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1These shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2All transactions reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective June 4, 2014.
- F3The information in this report is based on 401(k)/ESOP Plan statement dated as of June 30, 2015.