GREGORY BECKER - 28 Nov 2022 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Role
President and CEO
Signature
/s/Wei Sun, Attorney-in-Fact for Gregory Becker
Issuer symbol
SIVB
Transactions as of
28 Nov 2022
Net transactions value
-$43,816
Form type
4
Filing time
30 Nov 2022, 16:04:24 UTC
Previous filing
05 May 2022
Next filing
20 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Award $12,087 +36 +0.04% $335.74 87,973 30 Jun 2022 Revocable Trust F1
transaction SIVB Common Stock Tax liability $37,631 -173 -0.2% $217.52 87,800 28 Nov 2022 Revocable Trust F2
transaction SIVB Common Stock Tax liability $18,272 -84 -0.1% $217.52 87,716 28 Nov 2022 Revocable Trust F2
transaction SIVB Common Stock Options Exercise $0 +84 +0.1% $0.000000 87,800 28 Nov 2022 Revocable Trust
transaction SIVB Common Stock Options Exercise $0 +173 +0.2% $0.000000 87,973 28 Nov 2022 Revocable Trust
holding SIVB Common Stock 6,252 28 Nov 2022 By 401(k)/ESOP F3

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 Tax liability $0 -84 -4.5% $0.000000 1,801 28 Nov 2022 Common Stock 84 Direct F4, F5
transaction SIVB Restricted Stock Unit Tax liability $0 -173 -4.5% $0.000000 3,710 28 Nov 2022 Common Stock 173 Direct F4, F5
* 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 restricted stock units.
F3 The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2022.
F4 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
F5 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.