SEC Form 4 · accession 0001209191-15-086888
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan Parsons
Officer — Head of Specialty Banking
Period of report
May 20, 2015
Accepted (ET)
Dec 23, 2015 · 6:46 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 | May 20, 2015 | G | 240 | $0.00 | D | 17,729 | D | |
| Common StockF2 | Jun 30, 2015 | A | 217 | $97.861 | A | 17,946 | D | |
| Common StockF3 | Dec 21, 2015 | M | 4,500 | — | A | 22,446 | D | |
| Common StockF4 | Dec 21, 2015 | F | 1,658 | $119.77 | D | 20,788 | D | |
| Common StockF5 | holding | — | — | — | 5,840 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitF3 | $0.00 | Dec 21, 2015 | M | 4,500 | D | Dec 20, 2015 | Apr 30, 2020 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1Charitable donation of 240 shares held by reporting person.
- F2These 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).
- F3Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- F4Shares withheld by Issuer for payment of tax liability incurred upon vesting of performance-based restricted stock units.
- F5The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2015.