Michael Descheneaux - Nov 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
Nov 9, 2021
Transactions value $
-$1,441,008
Form type
4
Date filed
11/12/2021, 10:19 AM
Previous filing
Aug 11, 2021
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Options Exercise $178K +1K +5.98% $178.39 17.7K Nov 9, 2021 Direct
transaction SIVB Common Stock Sale -$736K -1K -5.64% $736.09* 16.7K Nov 9, 2021 Direct
transaction SIVB Common Stock Sale -$883K -1.2K -7.17% $736.09* 15.5K Nov 9, 2021 Direct
holding SIVB Common Stock 338 Nov 9, 2021 By 401(k)/ESOP F1

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 -27.53% $0.00 2.63K Nov 9, 2021 Common Stock 1K $178.39 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2021.
F2 25%/4yr beginning on 02-May-2017.

Remarks:

The transactions reported were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective May 7, 2021.