SEC Form 4 · accession 0001209191-16-116094
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc C Cadieux
Officer — Chief Credit Officer
Period of report
Apr 26, 2016
Accepted (ET)
Apr 28, 2016 · 1:46 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 Stock | Apr 26, 2016 | M | 1,249 | $19.48 | A | 9,186 | D | |
| Common Stock | Apr 26, 2016 | M | 2,751 | $19.48 | A | 11,937 | D | |
| Common StockF1 | Apr 26, 2016 | F | 1,136 | $106.6573 | D | 10,801 | D | |
| Common StockF2 | holding | — | — | — | 6,181 | 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 | $19.48 | Apr 26, 2016 | M | 2,751 | D | Apr 28, 2010 | Apr 28, 2016 | Common Stock | 2,751 | 0 | D |
| Stock Option | $19.48 | Apr 26, 2016 | M | 1,249 | D | Apr 28, 2010 | Apr 28, 2016 | Common Stock | 1,249 | 0 | D |
Explanation of responses
- F1The 1,136 shares were sold through separate trades, with the sale prices ranging from $106.6314 to $106.68 and at a weighted average sale price of $106.6573.
- F2The information in this report is based on 401(k)/ESOP Plan statement dated as of March 31, 2016.