Philip C. Cox - 05 Nov 2021 Form 4 Insider Report for SVB FINANCIAL GROUP

Role
Chief Operations Officer
Signature
/s/Desiree Combs, Attorney-in-Fact for Philip Cox
Issuer symbol
N/A
Transactions as of
05 Nov 2021
Net transactions value
-$59,661
Form type
4
Filing time
09 Nov 2021, 12:05:06 UTC
Previous filing
07 May 2021
Next filing
30 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Award $21,071 +64 +0.93% $329.24 6,909 30 Jun 2021 Direct F1
transaction SIVB Common Stock Options Exercise $0 +81 +1.2% $0.000000 6,990 05 Nov 2021 Direct
transaction SIVB Common Stock Options Exercise $0 +27 +0.39% $0.000000 7,017 05 Nov 2021 Direct
transaction SIVB Common Stock Tax liability $60,549 -81 -1.2% $747.52* 6,936 05 Nov 2021 Direct F2
transaction SIVB Common Stock Tax liability $20,183 -27 -0.39% $747.52* 6,909 05 Nov 2021 Direct F3
holding SIVB Common Stock 11 05 Nov 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 -4.1% $0.000000 1,911 05 Nov 2021 Common Stock 81 Direct F4, F5
transaction SIVB Restricted Stock Unit Tax liability $0 -27 -4.1% $0.000000 637 05 Nov 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.