SVB FINANCIAL GROUP 4
4 · SVB FINANCIAL GROUP · Filed May 20, 2016
Insider Transaction Report
Form 4
Clapper David M
Director
Transactions
- Award
Restricted Stock Unit
2016-05-18+985→ 985 totalExercise: $0.00From: 2017-04-27Exp: 2023-05-18→ Common Stock (985 underlying)
Holdings
- 14,706
Common Stock
Footnotes (2)
- [F1]This transaction represents the reporting person's annual Director Equity grant of Restricted Stock Units. This award was granted on May 18, 2016, and is scheduled to vest upon the completion of the reporting person's 2016-2017 director term, currently expected to be on April 27, 2017 (the scheduled date of the Issuer's 2017 Annual Shareholder Meeting).
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.