SEC Form 4 · accession 0001562180-18-003506
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 6, 2018
Accepted (ET)
Aug 8, 2018 · 1:12 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 | Aug 6, 2018 | S | 7,000 | $325.3995 | D | 40,969 | I | Revocable Trust |
| Common Stock | Aug 6, 2018 | M | 7,000 | $71.11 | A | 47,969 | I | Revocable Trust |
| Common Stock | 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 OptionF2 | $71.11 | Aug 6, 2018 | M | 7,000 | D | — | Apr 30, 2020 | Common Stock | 7,000 | 14,828 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $325.00 to $325.76; the price reported above reflects the weighted average sale price.
- F225%/4yr beginning on 30-Apr-2014.
Remarks
All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective May 10, 2018.