Michael Descheneaux - Aug 9, 2021 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Role
President, Silicon Valley Bank
Signature
/s/Desiree Combs, Attorney-in-Fact for Michael Descheneaux
Stock symbol
SIVB
Transactions as of
Aug 9, 2021
Transactions value $
-$969,359
Form type
4
Date filed
8/11/2021, 11:04 AM
Previous filing
Jun 16, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Award $21.1K +64 +0.36% $329.24 17.7K Jun 30, 2021 Direct F1
transaction SIVB Common Stock Options Exercise $178K +1K +5.64% $178.39 18.7K Aug 9, 2021 Direct F2
transaction SIVB Common Stock Sale -$584K -1K -5.34% $584.41* 17.7K Aug 9, 2021 Direct F2
transaction SIVB Common Stock Sale -$584K -1K -5.64% $584.41* 16.7K Aug 9, 2021 Direct F2
holding SIVB Common Stock 339 Aug 9, 2021 By 401(k)/ESOP F3

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 -21.58% $0.00 3.63K Aug 9, 2021 Common Stock 1K $178.39 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These 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).
F2 These transactions reported were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective May 7, 2021.
F3 The information in this report is based on 401(k)/ESOP Plan statement dated as of June 30, 2021.
F4 25%/4yr beginning on 02-May-2017.