SEC Form 4 · accession 0001562180-17-003507
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc C Cadieux
Officer — Chief Credit Officer
Period of report
Nov 3, 2017
Accepted (ET)
Nov 7, 2017 · 7:01 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 | Nov 3, 2017 | M | 1,909 | $60.37 | A | 15,971 | D | |
| Common Stock | Nov 3, 2017 | M | 351 | $60.37 | A | 16,322 | D | |
| Common StockF1 | Nov 3, 2017 | S | 351 | $219.3438 | D | 15,971 | D | |
| Common StockF1 | Nov 3, 2017 | S | 1,909 | $219.3438 | D | 14,062 | D | |
| Common StockF2 | holding | — | — | — | 6,165 | 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 Option | $60.37 | Nov 3, 2017 | M | 351 | D | Apr 27, 2012 | Apr 27, 2018 | Common Stock | 351 | 0 | D |
| Stock OptionF3 | $60.37 | Nov 3, 2017 | M | 1,909 | D | — | Apr 27, 2018 | Common Stock | 1,909 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $219.11 to $219.65; the price reported above reflects the weighted average sale price.
- F2The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2017.
- F3Vests 214 share(s) on 27-Apr-2012, 565 share(s) on 27-Apr-2013, 565 share(s) on 27-Apr-2014, 565 share(s) on 27-Apr-2015.