SEC Form 4 · accession 0001562180-18-000466
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
Jan 24, 2018
Accepted (ET)
Jan 26, 2018 · 6:55 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 | Dec 29, 2017 | A | 13 | $152.524 | A | 5,931 | D | |
| Common StockF2,F3 | Jan 24, 2018 | A | 2,000 | — | A | 7,931 | D | |
| Common StockF4 | holding | — | — | — | 2,806 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitF2,F3 | $0.00 | Jan 24, 2018 | M | 2,000 | D | Jan 30, 2018 | Mar 30, 2022 | Common Stock | 2,000 | 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).
- F2To the extent deemed earned on January 24, 2018, these awards are scheduled to complete their time-based vesting, and cliff vest on January 30, 2018.
- F3Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- F4The information in this report is based on 401(k)/ESOP Plan statement dated as of December 31, 2017.