Christopher Edmonds-Waters - 05 Nov 2021 Form 4 Insider Report for SVB FINANCIAL GROUP

Role
Chief Human Resources Officer
Signature
/s/Desiree Combs, Attorney-in-Fact for Christopher Edmonds-Waters
Issuer symbol
N/A
Transactions as of
05 Nov 2021
Net transactions value
-$43,259
Form type
4
Filing time
09 Nov 2021, 12:31:46 UTC
Previous filing
26 May 2021
Next filing
21 Jan 2022
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 $7,572 +23 +0.81% $329.24 2,850 30 Jun 2021 Direct F1
transaction SIVB Common Stock Options Exercise $0 +51 +1.8% $0.000000 2,901 05 Nov 2021 Direct
transaction SIVB Common Stock Options Exercise $0 +17 +0.59% $0.000000 2,918 05 Nov 2021 Direct
transaction SIVB Common Stock Tax liability $38,124 -51 -1.7% $747.52* 2,867 05 Nov 2021 Direct F2
transaction SIVB Common Stock Tax liability $12,708 -17 -0.59% $747.52* 2,850 05 Nov 2021 Direct F3
holding SIVB Common Stock 2,966 05 Nov 2021 By 401(k)/ESOP F4

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 -51 -4.5% $0.000000 1,087 05 Nov 2021 Common Stock 51 Direct F5, F6
transaction SIVB Restricted Stock Unit Tax liability $0 -17 -4.5% $0.000000 362 05 Nov 2021 Common Stock 17 Direct F7, F8
* 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 The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2021.
F5 Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
F6 Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting and scheduled to vest on January 31, 2024.
F7 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
F8 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.