Ward Pierce Lynda 4

4 · SVB FINANCIAL GROUP · Filed May 4, 2006

Form 4

Period: 2006-05-02

Head of HR

Transactions

Award
Non-Qualified Stock Option (right to buy)
2006-05-02+5,625→ 5,625 total
Exercise: $50.38From: 2007-05-02Exp: 2013-05-02→ Common Stock (5,625 underlying)
Award
Incentive Stock Option (right to buy)
2006-05-02+1,875→ 1,875 total
Exercise: $50.38From: 2007-05-02Exp: 2013-05-02→ Common Stock (1,875 underlying)
Award
Restricted Stock Unit
2006-05-02+4,875→ 4,875 total
Exercise: $0.00From: 2007-12-01Exp: 2007-12-31→ Common Stock (4,875 underlying)

Footnotes (2)

[F1]Stock options were granted to the reporting person. Vesting will occur annually from the date of grant over 4 years with 25% vesting each year.
[F2]The reporting person was granted restricted stock units (RSUs) which are subject to performance-based vesting. The RSUs are effective as of 5/2/06, and will vest on 12/1/07, based on the level of return on average equity (ROE) achieved by the Company at December 31, 2006 as follows: (i) if less than 90% of target, none will vest; (ii) if 90% but less than 100% of target 1,625 will vest; (iii) if 100% but less than 110% of target 3,250 will vest; and (iv) if 110% or greater of target 4,875 will vest. Vesting is subject to adjustment by the Compensation Committee as approved to take into account extraordinary items that may impact the calculation of ROE.

Documents

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