Philip Cox - Nov 5, 2021 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Role
Chief Operations Officer
Signature
/s/Desiree Combs, Attorney-in-Fact for Philip Cox
Stock symbol
SIVB
Transactions as of
Nov 5, 2021
Transactions value $
-$59,661
Form type
4
Date filed
11/9/2021, 12:05 PM
Previous filing
May 7, 2021
Next filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Award $21.1K +64 +0.93% $329.24 6.91K Jun 30, 2021 Direct F1
transaction SIVB Common Stock Options Exercise $0 +81 +1.17% $0.00 6.99K Nov 5, 2021 Direct
transaction SIVB Common Stock Options Exercise $0 +27 +0.39% $0.00 7.02K Nov 5, 2021 Direct
transaction SIVB Common Stock Tax liability -$60.5K -81 -1.15% $747.52* 6.94K Nov 5, 2021 Direct F2
transaction SIVB Common Stock Tax liability -$20.2K -27 -0.39% $747.52* 6.91K Nov 5, 2021 Direct F3
holding SIVB Common Stock 11 Nov 5, 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 Performance Restricted Stock Unit Tax liability $0 -81 -4.07% $0.00 1.91K Nov 5, 2021 Common Stock 81 Direct F4, F5
transaction SIVB Restricted Stock Unit Tax liability $0 -27 -4.07% $0.00 637 Nov 5, 2021 Common Stock 27 Direct F6, F7
* 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 Shares withheld by Issuer for payment of tax liability incurred upon Retirement Eligibility of performance restricted stock units.
F3 Shares withheld by Issuer for payment of tax liability incurred upon Retirement Eligibility of restricted stock units.
F4 Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
F5 Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting and scheduled to vest on January 31, 2024.
F6 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
F7 Restricted stock units are subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates.