Michael Descheneaux - Jan 18, 2023 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: Jan 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/20/2023, 02:54 PM
Previous filing: Nov 30, 2022
Next filing: Feb 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SIVB	Common Stock	Award		+3.61K	+15.83%		26.4K	Jan 18, 2023	Direct	F1, F2
holding	SIVB	Common Stock						352	Jan 18, 2023	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	Performance Restricted Stock Unit	Options Exercise	$0	-3.61K	-100%	$0.00^*	0	Jan 18, 2023	Common Stock	3.61K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	To the extent deemed earned on January 18, 2023, these awards are scheduled to complete their time-based vesting, and cliff vest on January 31, 2023.
F2	Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
F3	The information in this report is based on 401(k)/ESOP Plan statement dated as of December 30, 2022.