SEC Form 4 · accession 0001562180-17-001773
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary J Miller
Director
Period of report
May 2, 2017
Accepted (ET)
May 4, 2017 · 7:25 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 Stock | holding | — | — | — | 2,722 | 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 | $0.00 | May 2, 2017 | A | 561 | A | Apr 26, 2018 | May 2, 2027 | Common Stock | 561 | 561 | D |
Explanation of responses
- F1This transaction represents the reporting person's annual Director Equity grant of Restricted Stock Units. This award was granted on May 2, 2017, and is scheduled to vest upon the completion of the reporting person's 2017-2018 director term, currently expected to be on April 26, 2018 (the scheduled date of the Issuer's 2018 Annual Shareholder Meeting).
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.