Michael Descheneaux - May 3, 2022 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Role
President, Silicon Valley Bank
Signature
/s/Wei Sun, Attorney-in-Fact for Michael Descheneaux
Stock symbol
SIVB
Transactions as of
May 3, 2022
Transactions value $
-$49,724
Form type
4
Date filed
5/5/2022, 06:21 PM
Previous filing
May 4, 2022
Next filing
Nov 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Options Exercise +261 +1.15% 22.9K May 3, 2022 Direct F1
transaction SIVB Common Stock Tax liability -$49.7K -97 -0.42% $512.62 22.8K May 3, 2022 Direct F2
holding SIVB Common Stock 345 May 3, 2022 By 401(k)/ESOP

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 Restricted Stock Unit Options Exercise $0 -261 -25.02% $0.00 782 May 3, 2022 Common Stock 261 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
F2 Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.
F3 25%/4yr beginning on 03-May-2021.