SEC Form 4 · accession 0001562180-18-000225
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lata Krishnan
Director
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 7:58 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,F2 | Jan 1, 2018 | M | 985 | — | A | 13,778 | D |
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,F1 | — | Jan 1, 2018 | M | 985 | D | Apr 27, 2017 | May 18, 2023 | Common Stock | 985 | 0 | D |
Explanation of responses
- F1This award was granted on 5/18/2016 and vested on 4/27/2017 upon the completion of the reporting person's 2016-2017 director terms with election to defer the release date to January 1, 2018 as defined under Section 409A of the Internal Revenue Code of 1986.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.