SEC Form 4 · accession 0001562180-18-001111
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle Draper
Officer — Chief Marketing Officer
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 11:53 am 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 Stock | Feb 20, 2018 | M | 2,510 | $88.42 | A | 7,879 | D | |
| Common StockF1 | Feb 20, 2018 | S | 2,510 | $248.946 | D | 5,369 | D | |
| Common Stock | holding | — | — | — | 109 | 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 OptionF2 | $88.42 | Feb 20, 2018 | M | 2,510 | D | — | Aug 5, 2020 | Common Stock | 2,510 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $248.88 to $249.08; the price reported above reflects the weighted average sale price.
- F225%/4yr beginning on 05-Aug-2014.