SEC Form 4 · accession 0001562180-18-002237
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kamran F Husain
Officer — Chief Accounting Officer
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 8:58 pm EDT
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 | May 1, 2018 | M | 329 | — | A | 460 | D | |
| Common StockF2 | May 1, 2018 | F | 118 | $305.46 | D | 342 | D | |
| Common Stock | holding | — | — | — | 320 | 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 | May 1, 2018 | M | 329 | D | — | May 1, 2022 | Common Stock | 329 | 329 | D |
| Restricted Stock UnitF1,F4 | $0.00 | May 1, 2018 | A | 885 | A | — | May 1, 2025 | Common Stock | 885 | 885 | D |
| Stock OptionF5 | $305.46 | May 1, 2018 | A | 925 | A | — | May 1, 2025 | Common Stock | 925 | 925 | 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 01-May-2016.
- F4Restricted stock units are subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates.
- F5Stock options are subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates.