SEC Form 4 · accession 0001562180-16-003459
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
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 9:49 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 Stock | Nov 9, 2016 | M | 655 | $49.18 | A | 9,843 | D | |
| Common Stock | Nov 9, 2016 | M | 2,368 | $54.88 | A | 12,211 | D | |
| Common Stock | Nov 9, 2016 | S | 655 | $130.00 | D | 11,556 | D | |
| Common Stock | Nov 9, 2016 | S | 2,368 | $130.00 | D | 9,188 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $54.88 | Nov 9, 2016 | M | 2,368 | D | — | Jan 3, 2018 | Common Stock | 2,368 | 0 | D |
| Stock OptionF1 | $49.18 | Nov 9, 2016 | M | 655 | D | — | Apr 30, 2017 | Common Stock | 655 | 0 | D |
Explanation of responses
- F1Stock 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.
Remarks
All 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.