SEC Form 4 · accession 0001562180-17-003792
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory W Becker
Officer — President and CEO
Period of report
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 7:20 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 | 145 | $146.302 | A | 51,011 | I | Revocable Trust |
| Common StockF2 | Dec 5, 2017 | S | 4,600 | $232.1337 | D | 46,411 | I | Revocable Trust |
| Common Stock | Dec 5, 2017 | M | 9,511 | $64.37 | A | 55,922 | I | Revocable Trust |
| Common StockF3 | Dec 5, 2017 | S | 4,181 | $233.0951 | D | 51,741 | I | Revocable Trust |
| Common StockF4 | Dec 5, 2017 | S | 730 | $233.7466 | D | 51,011 | I | Revocable Trust |
| Common StockF5 | holding | — | — | — | 6,206 | 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 OptionF6 | $64.37 | Dec 5, 2017 | M | 9,511 | D | — | May 1, 2019 | Common Stock | 9,511 | 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 $231.73 to $232.64; the price reported above reflects the weighted average sale price.
- F3This transaction was executed in multiple trades at prices ranging from $232.70 USD to $233.59 USD; the price reported above reflects the weighted average sale price.
- F4This transaction was executed in multiple trades at prices ranging from $233.70 USD to $234.00 USD; the price reported above reflects the weighted average sale price.
- F5The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2017.
- F625%/4yr beginning on 01-May-2013.
Remarks
All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective November 2, 2017.