SEC Form 4 · accession 0001562180-16-003337
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John China
Officer — Head of Relationship Banking
Period of report
Oct 28, 2016
Accepted (ET)
Nov 1, 2016 · 9:16 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 | $95.16 | A | 9,188 | D | |
| Common StockF2 | Oct 28, 2016 | M | 1,200 | $49.18 | A | 10,388 | D | |
| Common StockF2 | Oct 28, 2016 | S | 1,200 | $124.3966 | D | 9,188 | D | |
| Common StockF3 | holding | — | — | — | 5,544 | 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 OptionF2,F4 | $49.18 | Oct 28, 2016 | M | 1,200 | D | — | Apr 30, 2017 | Common Stock | 1,200 | 655 | 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).
- F2All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective March 2, 2016.
- F3The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2016.
- F4Stock options are subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates.