SEC Form 4 · accession 0001209191-16-136013
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle Draper
Officer — Chief Marketing Officer
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 12:40 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 StockF1 | Jun 30, 2016 | A | 214 | $80.886 | A | 1,889 | D | |
| Common StockF2 | Aug 5, 2016 | M | 805 | — | A | 2,694 | D | |
| Common StockF3 | Aug 5, 2016 | F | 303 | $103.73 | D | 2,391 | D | |
| Common StockF4 | holding | — | — | — | 100 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Aug 5, 2016 | M | 805 | D | Aug 5, 2014 | Aug 5, 2020 | Common Stock | 805 | 805 | 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.
- F4The information in this report is based on 401(k)/ESOP Plan statement dated as of June 30, 2016.