SEC Form 4 · accession 0001209191-16-095636
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Leone
Officer — Chief Information Officer
Period of report
Dec 31, 2015
Accepted (ET)
Feb 4, 2016 · 11:39 am 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 | Dec 31, 2015 | A | 159 | $101.065 | A | 159 | D | |
| Common StockF2 | Feb 2, 2016 | M | 134 | — | A | 293 | D | |
| Common StockF3 | Feb 2, 2016 | F | 59 | $95.14 | D | 234 | 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 | $0.00 | Feb 2, 2016 | M | 134 | D | Feb 2, 2016 | Feb 2, 2022 | Common Stock | 134 | 399 | 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).
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- F3Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.