SEC Form 4 · accession 0001209191-16-088236
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kate Mitchell
Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 12:06 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,F2 | Dec 31, 2015 | M | 1,349 | — | A | 7,009 | 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 | Dec 31, 2015 | M | 1,349 | D | Apr 24, 2014 | May 22, 2020 | Common Stock | 1,349 | 0 | D |
Explanation of responses
- F1This award was granted on 5/22/2013 and vested on 4/24/2014 upon the completion of the reporting person's 2013-2014 director terms with election to defer the release date to December 31, 2015 as defined under Section 409A of the Internal Revenue Code of 1986.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.