SEC Form 4 · accession 0001562180-18-002911
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Beck
Officer — Chief Financial Officer
Period of report
Jun 5, 2018
Accepted (ET)
Jun 6, 2018 · 7:05 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 | Jun 5, 2018 | M | 685 | — | A | 685 | D | |
| Common StockF1 | Jun 5, 2018 | M | 422 | — | A | 1,107 | D | |
| Common StockF2 | Jun 5, 2018 | F | 146 | $318.70 | D | 961 | D | |
| Common StockF2 | Jun 5, 2018 | F | 237 | $318.70 | D | 724 | D | |
| Common Stock | holding | — | — | — | 8 | 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 | Jun 5, 2018 | M | 685 | D | — | Jun 5, 2024 | Common Stock | 685 | 2,053 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Jun 5, 2018 | M | 422 | D | — | Jun 5, 2024 | Common Stock | 422 | 1,263 | 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 05-Jun-2018.