SVB FINANCIAL GROUP 4

Accession 0001209191-16-117633

CIK 0000719739operating

Filed

May 3, 8:00 PM ET

Accepted

May 4, 9:10 PM ET

Size

24.7 KB

Accession

0001209191-16-117633

Form 4

Period: 2016-04-30

Head of US Banking

Transactions

Tax Payment
Common Stock
2016-05-02$105.18/sh−454$47,752→ 21,890 total
Award
Performance Restricted Stock Unit
2016-02-16+5,241→ 5,241 total
Exercise: $0.00From: 2019-01-30Exp: 2023-02-16→ Common Stock (5,241 underlying)
Award
Stock Option
2016-05-02$105.18/sh+5,231$550,197→ 5,231 total
Exercise: $105.18From: 2017-05-02Exp: 2023-05-02→ Common Stock (5,231 underlying)
Exercise/Conversion
Common Stock
2016-05-01+425→ 22,051 total
Exercise/Conversion
Restricted Stock Unit
2016-05-01−425→ 0 total
Exercise: $0.00From: 2013-05-01Exp: 2019-05-01→ Common Stock (425 underlying)
Award
Restricted Stock Unit
2016-05-02+1,533→ 1,533 total
Exercise: $0.00From: 2017-05-02Exp: 2023-05-02→ Common Stock (1,533 underlying)
Exercise/Conversion
Common Stock
2016-04-30+675→ 21,626 total
Exercise/Conversion
Common Stock
2016-05-01+293→ 22,344 total
Exercise/Conversion
Restricted Stock Unit
2016-04-30−675→ 675 total
Exercise: $0.00From: 2014-04-30Exp: 2020-04-30→ Common Stock (675 underlying)
Exercise/Conversion
Restricted Stock Unit
2016-05-01−293→ 878 total
Exercise: $0.00From: 2016-05-01Exp: 2022-05-01→ Common Stock (293 underlying)

Holdings

Footnotes (6)

[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]Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting. The extent to which the PRSU awards are earned will be based on the Company's performance for calendar years 2016-2018 and other considerations, as determined pursuant to the discretion of the Compensation Committee and the 162m Committee. The reported number of shares is the maximum number of shares that may be earned by the reporting person, based on the achievement of 150% of target performance. To the extent deemed earned at the end of the three-year performance period, these PRSUs will be subject to additional time-based vesting and will vest on January 30, 2019.
[F4]Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
[F5]The grant of stock options is subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates. The exercise price of the stock options is determined based on the closing price of SVB's common stock on the date of grant.
[F6]Restricted stock units are subject to annual vesting in equal installments on May 2, 2017, May 2, 2018, May 2, 2019, and May 2, 2020.

Documents

1 file

SVB FINANCIAL GROUP

CIK 0000719739

Entity typeoperating

IncorporatedDE