Richard Devon Daniels - Jan 30, 2023 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVB)

Role
Director
Signature
/s/Desiree Combs, Attorney-In-Fact for Richard Devon Daniels
Stock symbol
SIVB
Transactions as of
Jan 30, 2023
Transactions value $
$0
Form type
4
Date filed
2/1/2023, 05:57 PM
Previous filing
Jun 17, 2022
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVB Common Stock Options Exercise $0 +284 +39.12% $0.00 1.01K Jan 30, 2023 Direct 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 Restricted Stock Unit Options Exercise -284 -100% 0 Jan 30, 2023 Common Stock 284 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award was granted on 05/03/2021 and vested on 04/21/2022 upon the completion of the reporting person's 2021-2022 director terms with election to defer the release date to January 30, 2023 as defined under Section 409A of the Internal Revenue Code of 1986.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.