SEC Form 4 · accession 0001562180-18-002308
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
May 2, 2018
Accepted (ET)
May 4, 2018 · 6:15 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 | 172 | — | A | 5,705 | D | |
| Common StockF1 | May 2, 2018 | M | 236 | — | A | 5,941 | D | |
| Common StockF2 | May 2, 2018 | F | 86 | $306.01 | D | 5,855 | D | |
| Common StockF2 | May 2, 2018 | F | 118 | $306.01 | D | 5,737 | D | |
| Common Stock | holding | — | — | — | 2,851 | 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 2, 2018 | M | 236 | D | — | May 2, 2023 | Common Stock | 236 | 471 | D |
| Restricted Stock UnitF1,F4 | $0.00 | May 2, 2018 | M | 172 | D | — | May 2, 2024 | Common Stock | 172 | 514 | 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.