SEC Form 4 · accession 0001209191-16-087668
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory W Becker
Officer — President and CEO
Period of report
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 2:16 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 Stock | Dec 30, 2015 | M | 3,106 | $60.37 | A | 47,911 | I | Revocable Trust |
| Common Stock | Dec 30, 2015 | M | 8,589 | $64.37 | A | 56,500 | I | Revocable Trust |
| Common Stock | Dec 30, 2015 | M | 2,772 | $71.11 | A | 59,272 | I | Revocable Trust |
| Common StockF1 | Dec 30, 2015 | S | 2,600 | $120.7444 | D | 56,672 | I | Revocable Trust |
| Common StockF2 | Dec 30, 2015 | S | 506 | $121.654 | D | 56,166 | I | Revocable Trust |
| Common StockF3 | Dec 30, 2015 | S | 6,528 | $120.4589 | D | 49,638 | I | Revocable Trust |
| Common StockF4 | Dec 30, 2015 | S | 1,861 | $121.2537 | D | 47,777 | I | Revocable Trust |
| Common StockF5 | Dec 30, 2015 | S | 200 | $122.69 | D | 47,577 | I | Revocable Trust |
| Common StockF6 | Dec 30, 2015 | S | 2,226 | $121.0435 | D | 45,351 | I | Revocable Trust |
| Common StockF7 | Dec 30, 2015 | S | 546 | $121.8898 | D | 44,805 | I | Revocable Trust |
| Common Stock | holding | — | — | — | 3,527 | 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 Option | $60.37 | Dec 30, 2015 | M | 3,106 | D | Apr 27, 2012 | Apr 27, 2018 | Common Stock | 3,106 | 13,894 | D |
| Stock Option | $64.37 | Dec 30, 2015 | M | 8,589 | D | May 1, 2013 | May 1, 2019 | Common Stock | 8,589 | 19,511 | D |
| Stock Option | $71.11 | Dec 30, 2015 | M | 2,772 | D | Apr 30, 2014 | Apr 30, 2020 | Common Stock | 2,772 | 28,828 | D |
Explanation of responses
- F1The 2,600 shares were sold through separate trades, with the sale prices ranging from $120.39 to $121.11 and at a weighted average sale price of $120.7444.
- F2The 506 shares were sold through separate trades, with the sale prices ranging from $121.39 to $121.82 and at a weighted average sale price of $121.654.
- F3The 6,528 shares were sold through separate trades, with the sale prices ranging from $120.00 to $120.995 and at a weighted average sale price of $120.4589.
- F4The 1,861 shares were sold through separate trades, with the sale prices ranging from $121.00 to $121.82 and at a weighted average sale price of $121.2537.
- F5The 200 shares were sold through separate trades, with the sale prices ranging from $122.385 to $122.995 and at a weighted average sale price of $122.69.
- F6The 2,226 shares were sold through separate trades, with the sale prices ranging from $120.72 to $121.60 and at a weighted average sale price of $121.0435.
- F7The 546 shares were sold through separate trades, with the sale prices ranging from $121.82 to $122.34 and at a weighted average sale price of $121.8898.
Remarks
All transactions reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective November 11, 2015.