SEC Form 4 · accession 0001562180-18-003487
SVB FINANCIAL GROUP · SIVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory W Becker
Officer — President and CEO
Period of report
Aug 1, 2018
Accepted (ET)
Aug 3, 2018 · 6:05 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 29, 2018 | A | 105 | $201.773 | A | 53,841 | I | Revocable Trust |
| Common Stock | Aug 1, 2018 | S | 1,500 | $308.24 | D | 52,341 | I | Revocable Trust |
| Common Stock | Aug 1, 2018 | M | 7,000 | $71.11 | A | 59,341 | I | Revocable Trust |
| Common StockF2 | Aug 1, 2018 | S | 500 | $309.978 | D | 58,841 | I | Revocable Trust |
| Common StockF3 | Aug 1, 2018 | S | 8,672 | $311.1981 | D | 50,169 | I | Revocable Trust |
| Common StockF4 | Aug 1, 2018 | S | 2,200 | $312.1708 | D | 47,969 | I | Revocable Trust |
| Common StockF5 | holding | — | — | — | 6,169 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF6 | $71.11 | Aug 1, 2018 | M | 7,000 | D | — | Apr 30, 2020 | Common Stock | 7,000 | 21,828 | D |
Explanation of responses
- F1These shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2This transaction was executed in multiple trades at prices ranging from $309.60 to $310.30; the price reported above reflects the weighted average sale price.
- F3This transaction was executed in multiple trades at prices ranging from $310.72 to $311.67; the price reported above reflects the weighted average sale price.
- F4This transaction was executed in multiple trades at prices ranging from $311.77 to $312.76; the price reported above reflects the weighted average sale price.
- F5The information in this report is based on 401(k)/ESOP Plan statement dated as of June 30, 2018.
- F625%/4yr beginning on 30-Apr-2014.
Remarks
All transactions reported in this Form 4 with transaction date August 1, 2018 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective May 10, 2018.