SEC Form 4 · accession 0001562180-17-001674
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
Apr 29, 2017
Accepted (ET)
May 3, 2017 · 2:43 pm EDT
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 | Apr 29, 2017 | M | 242 | — | A | 10,942 | D | |
| Common StockF2 | Apr 29, 2017 | F | 91 | $180.28 | D | 10,851 | D | |
| Common StockF1 | Apr 30, 2017 | M | 775 | — | A | 11,626 | D | |
| Common StockF2 | Apr 30, 2017 | F | 405 | $180.28 | D | 11,221 | D | |
| Common StockF1 | May 1, 2017 | M | 293 | — | A | 11,514 | D | |
| Common StockF2 | May 1, 2017 | F | 153 | $180.28 | D | 11,361 | D | |
| Common StockF3 | holding | — | — | — | 5,585 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F4 | $0.00 | Apr 29, 2017 | M | 242 | D | — | Apr 29, 2021 | Common Stock | 242 | 241 | D |
| Restricted Stock UnitF1,F5 | $0.00 | Apr 30, 2017 | M | 775 | D | — | Apr 30, 2020 | Common Stock | 775 | 0 | D |
| Restricted Stock UnitF1,F6 | $0.00 | May 1, 2017 | M | 293 | D | — | May 1, 2022 | Common Stock | 293 | 585 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- F2Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.
- F3The information in this report is based on 401(k)/ESOP Plan statement dated as of March 31, 2017.
- F425%/4yr beginning on 29-Apr-2015.
- F525%/4yr beginning on 30-Apr-2014.
- F625%/4yr beginning on 01-May-2015