SEC Form 4 · accession 0001562180-17-003794
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John China
Officer — Head of Technology Banking
Period of report
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 7:38 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 | 11,717 | D | |
| Common Stock | Dec 5, 2017 | M | 152 | $54.88 | A | 11,869 | D | |
| Common StockF2 | Dec 5, 2017 | S | 152 | $231.7297 | D | 11,717 | D | |
| Common StockF3 | holding | — | — | — | 5,591 | 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 | $54.88 | Dec 5, 2017 | M | 152 | D | Jan 3, 2012 | Jan 3, 2018 | Common Stock | 152 | 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 $231.71 USD to $231.74 USD; the price reported above reflects the weighted average sale price.
- F3The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2017.