SEC Form 4 · accession 0001562180-17-003631
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Edmonds-Waters
Officer — Head of Human Resources
Period of report
Nov 15, 2017
Accepted (ET)
Nov 17, 2017 · 5:08 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 StockF1 | Jun 30, 2017 | A | 35 | $146.302 | A | 5,918 | D | |
| Common Stock | Nov 15, 2017 | M | 1,475 | $71.11 | A | 7,393 | D | |
| Common Stock | Nov 15, 2017 | M | 1,181 | $129.81 | A | 8,574 | D | |
| Common Stock | Nov 15, 2017 | M | 974 | $107.98 | A | 9,548 | D | |
| Common StockF2 | Nov 15, 2017 | S | 943 | $209.4144 | D | 8,605 | D | |
| Common StockF3 | Nov 15, 2017 | S | 2,687 | $210.0189 | D | 5,918 | D | |
| Common StockF4 | holding | — | — | — | 2,816 | 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 OptionF5 | $129.81 | Nov 15, 2017 | M | 1,181 | D | — | May 1, 2022 | Common Stock | 1,181 | 1,181 | D |
| Stock OptionF6 | $107.98 | Nov 15, 2017 | M | 974 | D | — | Apr 29, 2021 | Common Stock | 974 | 973 | D |
| Stock OptionF7 | $71.11 | Nov 15, 2017 | M | 1,475 | D | — | Apr 30, 2020 | Common Stock | 1,475 | 0 | 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).
- F2This transaction was executed in multiple trades at prices ranging from $208.77 to $209.74; the price reported above reflects the weighted average sale price.
- F3This transaction was executed in multiple trades at prices ranging from $209.84 to $210.21; the price reported above reflects the weighted average sale price.
- F4The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2017.
- F525%/4yr beginning on 01-May-2016.
- F625%/4yr beginning on 29-Apr-2015.
- F725%/4yr beginning on 30-Apr-2014.