SEC Form 4 · accession 0001562180-17-000195
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lata Krishnan
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 5:15 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,F2 | Jan 1, 2017 | M | 737 | — | A | 12,793 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Jan 1, 2017 | M | 737 | D | Apr 21, 2016 | May 20, 2022 | Common Stock | 737 | 0 | D |
Explanation of responses
- F1This award was granted on 5/20/2015 and vested on 4/21/2016 upon the completion of the reporting person's 2015-2016 director terms with election to defer the release date to January 1, 2017 as defined under Section 409A of the Internal Revenue Code of 1986.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.