SEC Form 4 · accession 0001562180-18-001543
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Zuckert
Officer — General Counsel
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 4:30 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 | Mar 3, 2018 | M | 362 | — | A | 2,506 | D | |
| Common StockF2 | Mar 3, 2018 | F | 127 | $260.12 | D | 2,379 | D | |
| Common Stock | holding | — | — | — | 83 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | $0.00 | Mar 3, 2018 | M | 362 | D | — | Mar 3, 2021 | Common Stock | 362 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- F2Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.
- F325%/4yr beginning on 03-Mar-2015.