Michael Descheneaux - Jun 14, 2021 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Signature
/s/Desiree Combs, Attorney-in-Fact for Michael Descheneaux
Stock symbol
SIVB
Transactions as of
Jun 14, 2021
Transactions value $
-$1,951,636
Form type
4
Date filed
6/16/2021, 08:09 PM
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Options Exercise $105K +1K +5.08% $105.18 20.7K Jun 14, 2021 Direct
transaction SIVB Common Stock Options Exercise $178K +1K +4.84% $178.39 21.7K Jun 14, 2021 Direct
transaction SIVB Common Stock Sale -$2.24M -4.01K -18.51% $557.13* 17.7K Jun 14, 2021 Direct
holding SIVB Common Stock 340 Jun 14, 2021 By 401(k)/ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SIVB Stock Option Options Exercise $0 -1K -100% $0.00* 0 Jun 14, 2021 Common Stock 1K $105.18 Direct F1
transaction SIVB Stock Option Options Exercise $0 -1K -17.75% $0.00 4.63K Jun 14, 2021 Common Stock 1K $178.39 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25%/4yr beginning on 02-May-2016.
F2 25%/4yr beginning on 02-May-2017.

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 7, 2021.