SEC Form 4 · accession 0001562180-17-000717
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Edmonds-Waters
Officer — Head of Human Resources
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 7:58 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 Stock | Feb 13, 2017 | M | 1,475 | $71.11 | A | 7,556 | D | |
| Common Stock | Feb 13, 2017 | M | 1,575 | $64.37 | A | 9,131 | D | |
| Common Stock | Feb 13, 2017 | M | 1,948 | $107.98 | A | 11,079 | D | |
| Common StockF1 | Feb 13, 2017 | S | 1,475 | $180.6916 | D | 9,604 | D | |
| Common StockF1 | Feb 13, 2017 | S | 1,948 | $180.6916 | D | 7,656 | D | |
| Common StockF1 | Feb 13, 2017 | S | 1,575 | $180.6916 | D | 6,081 | D | |
| Common Stock | Feb 14, 2017 | S | 682 | $184.54 | D | 5,399 | D | |
| Common Stock | holding | — | — | — | 2,743 | 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 | $107.98 | Feb 13, 2017 | M | 1,948 | D | — | Apr 29, 2021 | Common Stock | 1,948 | 1,947 | D |
| Stock OptionF3 | $71.11 | Feb 13, 2017 | M | 1,475 | D | — | Apr 30, 2020 | Common Stock | 1,475 | 1,475 | D |
| Stock OptionF4 | $64.37 | Feb 13, 2017 | M | 1,575 | D | — | May 1, 2019 | Common Stock | 1,575 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $180.45 to $180.93; the price reported above reflects the weighted average sale price.
- F225%/4yr beginning on 29-Apr-2015.
- F325%/4yr beginning on 30-Apr-2014.
- F425%/4yr beginning on 01-May-2013.