SEC Form 4 · accession 0001562180-17-001975
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Wallace
Officer — Chief Digital Officer
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 6:08 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 | May 15, 2017 | M | 1,028 | $105.18 | A | 14,248 | D | |
| Common Stock | May 15, 2017 | M | 1,772 | $129.81 | A | 16,020 | D | |
| Common Stock | May 15, 2017 | M | 1,460 | $107.98 | A | 17,480 | D | |
| Common Stock | May 15, 2017 | M | 2,350 | $71.11 | A | 19,830 | D | |
| Common Stock | May 15, 2017 | M | 180 | $105.18 | A | 20,010 | D | |
| Common Stock | May 15, 2017 | S | 100 | $182.96 | D | 19,910 | D | |
| Common StockF1 | May 15, 2017 | S | 6,690 | $182.1599 | D | 13,220 | D | |
| Common Stock | May 15, 2017 | S | 2,000 | $183.98 | D | 11,220 | D | |
| Common Stock | holding | — | — | — | 313 | 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 | $129.81 | May 15, 2017 | M | 1,772 | D | — | May 1, 2022 | Common Stock | 1,772 | 1,770 | D |
| Stock OptionF3 | $107.98 | May 15, 2017 | M | 1,460 | D | — | Apr 29, 2021 | Common Stock | 1,460 | 1,460 | D |
| Stock OptionF4 | $105.18 | May 15, 2017 | M | 180 | D | — | May 2, 2023 | Common Stock | 180 | 4,649 | D |
| Stock OptionF4 | $105.18 | May 15, 2017 | M | 1,028 | D | — | May 2, 2023 | Common Stock | 1,028 | 3,621 | D |
| Stock OptionF5 | $71.11 | May 15, 2017 | M | 2,350 | D | — | Apr 30, 2020 | Common Stock | 2,350 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $181.90 to $182.89; the price reported above reflects the weighted average sale price.
- F225%/4yr beginning on 01-May-2016.
- F325%/4yr beginning on 29-Apr-2015.
- F425%/4yr beginning on 02-May-2017.
- F525%/4yr beginning on 30-Apr-2014.