SEC Form 4 · accession 0001209191-16-134225
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Wallace
Officer — Chief Digital Officer
Period of report
Jul 26, 2016
Accepted (ET)
Jul 28, 2016 · 2:22 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 | Jul 26, 2016 | M | 2,300 | $64.37 | A | 13,177 | D | |
| Common StockF1 | Jul 26, 2016 | S | 2,300 | $103.2541 | D | 10,877 | D | |
| Common StockF2 | holding | — | — | — | 305 | 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 | $64.37 | Jul 26, 2016 | M | 2,300 | D | May 1, 2013 | May 1, 2019 | Common Stock | 2,300 | 0 | D |
Explanation of responses
- F1The 2,300 shares were sold through separate trades, with the sale prices ranging from $103.21 to $103.30 and at a weighted average sale price of $103.2541.
- F2The information in this report is based on 401(k)/ESOP Plan statement dated as of June 30, 2016.