Christopher Edmonds-Waters - Nov 5, 2021 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Role: Chief Human Resources Officer
Signature: /s/Desiree Combs, Attorney-in-Fact for Christopher Edmonds-Waters
Stock symbol: SIVB
Transactions as of: Nov 5, 2021
Transactions value $: -$43,259
Form type: 4
Date filed: 11/9/2021, 12:31 PM
Previous filing: May 26, 2021
Next filing: Jan 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SIVB	Common Stock	Award	$7.57K	+23	+0.81%	$329.24	2.85K	Jun 30, 2021	Direct	F1
transaction	SIVB	Common Stock	Options Exercise	$0	+51	+1.79%	$0.00	2.9K	Nov 5, 2021	Direct
transaction	SIVB	Common Stock	Options Exercise	$0	+17	+0.59%	$0.00	2.92K	Nov 5, 2021	Direct
transaction	SIVB	Common Stock	Tax liability	-$38.1K	-51	-1.75%	$747.52^*	2.87K	Nov 5, 2021	Direct	F2
transaction	SIVB	Common Stock	Tax liability	-$12.7K	-17	-0.59%	$747.52^*	2.85K	Nov 5, 2021	Direct	F3
holding	SIVB	Common Stock						2.97K	Nov 5, 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	-4.48%	$0.00	1.09K	Nov 5, 2021	Common Stock	51		Direct	F5, F6
transaction	SIVB	Restricted Stock Unit	Tax liability	$0	-17	-4.49%	$0.00	362	Nov 5, 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.