SEC Form 4 · accession 0001562180-17-003412
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Leone
Officer — Chief Information Officer
Period of report
Oct 27, 2017
Accepted (ET)
Oct 31, 2017 · 7:44 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 | Jun 30, 2017 | A | 145 | $146.302 | A | 1,000 | D | |
| Common StockF2 | Oct 27, 2017 | M | 358 | — | A | 1,358 | D | |
| Common StockF3 | Oct 27, 2017 | F | 135 | $216.69 | D | 1,223 | D | |
| Common Stock | holding | — | — | — | 53 | 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 UnitF2,F4 | $0.00 | Oct 27, 2017 | M | 358 | D | — | Oct 27, 2022 | Common Stock | 358 | 714 | D |
Explanation of responses
- F1These shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- F3Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.
- F425%/4yr beginning on 27-Oct-2016.