SEC Form 4 · accession 0001562180-17-001184
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory W Becker
Officer — President and CEO
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 8:17 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 | Mar 3, 2017 | M | 10,000 | $64.37 | A | 63,552 | I | Revocable Trust |
| Common Stock | Mar 3, 2017 | M | 13,894 | $60.37 | A | 48,016 | I | Revocable Trust |
| Common StockF1 | Mar 3, 2017 | S | 15,119 | $192.7128 | D | 48,433 | I | Revocable Trust |
| Common StockF2 | Mar 3, 2017 | S | 14,311 | $193.3349 | D | 34,122 | I | Revocable Trust |
| Common StockF3 | Mar 3, 2017 | S | 200 | $191.85 | D | 47,816 | I | Revocable Trust |
| Common Stock | holding | — | — | — | 6,170 | 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 OptionF4 | $64.37 | Mar 3, 2017 | M | 10,000 | D | — | May 1, 2019 | Common Stock | 10,000 | 9,511 | D |
| Stock OptionF5 | $60.37 | Mar 3, 2017 | M | 13,894 | D | — | Apr 27, 2018 | Common Stock | 13,894 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $192.08 to $192.99; the price reported above reflects the weighted average sale price.
- F2This transaction was executed in multiple trades at prices ranging from $193.0 to $193.99; the price reported above reflects the weighted average sale price.
- F3This transaction was executed in multiple trades at prices ranging from $191.83 to $191.87; the price reported above reflects the weighted average sale price.
- F425%/4yr beginning on 01-May-2013.
- F525%/4yr beginning on 27-Apr-2012.
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 January 31, 2017.