Michael Descheneaux - 27 Dec 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: 27 Dec 2021
Net transactions value: -$674,790
Form type: 4
Filing time: 29 Dec 2021, 15:48:31 UTC
Previous filing: 12 Nov 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	Sale	$674,790	-1,000	-6.4%	$674.79^*	14,532	27 Dec 2021	Direct
holding	SIVB	Common Stock						338	27 Dec 2021	By 401(k)/ESOP	F1

* 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.

Remarks:

All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective May 7, 2021.