SEC Form 4 · accession 0001562180-16-003517
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kamran F Husain
Officer — Chief Accounting Officer
Period of report
Nov 10, 2016
Accepted (ET)
Nov 15, 2016 · 5:38 pm 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 StockF1 | Jun 30, 2016 | A | 214 | $95.16 | A | 1,187 | D | |
| Common Stock | Nov 10, 2016 | M | 308 | $107.98 | A | 1,495 | D | |
| Common Stock | Nov 10, 2016 | M | 78 | $49.83 | A | 1,573 | D | |
| Common Stock | Nov 10, 2016 | M | 672 | $64.37 | A | 2,245 | D | |
| Common Stock | Nov 10, 2016 | M | 650 | $71.11 | A | 2,895 | D | |
| Common Stock | Nov 10, 2016 | M | 94 | $60.37 | A | 2,989 | D | |
| Common StockF2 | Nov 10, 2016 | S | 431 | $138.5655 | D | 2,558 | D | |
| Common StockF3 | Nov 10, 2016 | S | 756 | $138.6989 | D | 1,802 | D | |
| Common StockF4 | Nov 10, 2016 | S | 672 | $138.5654 | D | 1,130 | D | |
| Common Stock | Nov 10, 2016 | S | 94 | $138.47 | D | 1,036 | D | |
| Common StockF5 | Nov 10, 2016 | S | 650 | $138.4003 | D | 386 | D | |
| Common StockF6 | Nov 10, 2016 | S | 308 | $138.3384 | D | 78 | D | |
| Common Stock | Nov 10, 2016 | S | 78 | $138.29 | D | 0 | D | |
| Common Stock | Nov 15, 2016 | M | 300 | $107.98 | A | 300 | D | |
| Common Stock | Nov 15, 2016 | S | 300 | $148.62 | D | 0 | D | |
| Common StockF7 | holding | — | — | — | 304 | 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 OptionF8 | $107.98 | Nov 10, 2016 | M | 308 | D | — | Apr 29, 2021 | Common Stock | 308 | 1,358 | D |
| Stock OptionF8 | $71.11 | Nov 10, 2016 | M | 650 | D | — | Apr 30, 2020 | Common Stock | 650 | 550 | D |
| Stock OptionF8 | $64.37 | Nov 10, 2016 | M | 672 | D | — | May 1, 2019 | Common Stock | 672 | 0 | D |
| Stock OptionF8 | $60.37 | Nov 10, 2016 | M | 94 | D | — | Apr 27, 2018 | Common Stock | 94 | 0 | D |
| Stock OptionF8 | $49.83 | Nov 10, 2016 | M | 78 | D | — | Apr 27, 2017 | Common Stock | 78 | 0 | D |
| Stock OptionF8 | $107.98 | Nov 15, 2016 | M | 300 | D | — | Apr 29, 2021 | Common Stock | 300 | 1,058 | 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).
- F2This transaction was executed in multiple trades at prices ranging from $138.48 USD to $138.61 USD; the price reported above reflects the weighted average sale price.
- F3This transaction was executed in multiple trades at prices ranging from $138.60 USD to $138.745 USD; the price reported above reflects the weighted average sale price.
- F4This transaction was executed in multiple trades at prices ranging from $138.43 USD to $138.61 USD; the price reported above reflects the weighted average sale price.
- F5This transaction was executed in multiple trades at prices ranging from $138.38 USD to $138.43 USD; the price reported above reflects the weighted average sale price.
- F6This transaction was executed in multiple trades at prices ranging from $138.30 USD to $138.38 USD; the price reported above reflects the weighted average sale price.
- F7The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2016.
- F8Stock 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.