Michael Descheneaux - 09 Nov 2021 Form 4 Insider Report for SVB FINANCIAL GROUP

Role
President, Silicon Valley Bank
Signature
/s/Desiree Combs, Attorney-in-Fact for Michael Descheneaux
Issuer symbol
N/A
Transactions as of
09 Nov 2021
Net transactions value
-$1,441,008
Form type
4
Filing time
12 Nov 2021, 10:19:51 UTC
Previous filing
11 Aug 2021
Next filing
29 Dec 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 Options Exercise $178,390 +1,000 +6% $178.39 17,732 09 Nov 2021 Direct
transaction SIVB Common Stock Sale $736,090 -1,000 -5.6% $736.09* 16,732 09 Nov 2021 Direct
transaction SIVB Common Stock Sale $883,308 -1,200 -7.2% $736.09* 15,532 09 Nov 2021 Direct
holding SIVB Common Stock 338 09 Nov 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 -1,000 -28% $0.000000 2,633 09 Nov 2021 Common Stock 1,000 $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.