SEC Form 4 · accession 0001562180-18-002306
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip C Cox
Officer — Head EMEA India & President,UK
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 6:10 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 2, 2018 | M | 265 | — | A | 6,021 | D | |
| Common StockF1 | May 2, 2018 | M | 217 | — | A | 6,238 | D | |
| Common Stock | May 2, 2018 | M | 232 | $107.98 | A | 6,470 | D | |
| Common Stock | May 2, 2018 | M | 906 | $105.18 | A | 7,376 | D | |
| Common StockF2 | May 2, 2018 | F | 102 | $306.01 | D | 7,274 | D | |
| Common StockF2 | May 2, 2018 | F | 125 | $306.01 | D | 7,149 | D | |
| Common Stock | May 2, 2018 | S | 604 | $304.75 | D | 6,545 | D | |
| Common Stock | May 2, 2018 | S | 84 | $304.75 | D | 6,461 | 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 UnitF1,F3 | $0.00 | May 2, 2018 | M | 265 | D | — | May 2, 2023 | Common Stock | 265 | 530 | D |
| Restricted Stock UnitF1,F4 | $0.00 | May 2, 2018 | M | 217 | D | — | May 2, 2024 | Common Stock | 217 | 648 | D |
| Stock OptionF5 | $107.98 | May 2, 2018 | M | 232 | D | — | Apr 29, 2021 | Common Stock | 232 | 0 | D |
| Stock OptionF3 | $105.18 | May 2, 2018 | M | 906 | D | — | May 2, 2023 | Common Stock | 906 | 1,810 | 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 02-May-2017.
- F425%/4yr beginning on 02-May-2018.
- F525%/4yr beginning on 29-Apr-2015.