4//SEC Filing
Leone Roger 4
Accession 0001562180-18-002244
CIK 0000719739other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 9:09 PM ET
Size
12.6 KB
Accession
0001562180-18-002244
Insider Transaction Report
Form 4
Leone Roger
Chief Information Officer
Transactions
- Award
Performance Restricted Stock Unit
2018-05-01+1,032→ 1,032 totalExercise: $0.00From: 2021-01-29Exp: 2025-05-01→ Common Stock (1,032 underlying) - Award
Stock Option
2018-05-01+1,079→ 1,079 totalExercise: $305.46Exp: 2025-05-01→ Common Stock (1,079 underlying) - Award
Restricted Stock Unit
2018-05-01+344→ 344 totalExercise: $0.00Exp: 2025-05-01→ Common Stock (344 underlying)
Holdings
- 61(indirect: By 401(k))
Common Stock
- 1,301
Common Stock
Footnotes (6)
- [F1]The information in this report is based on 401(k)/ESOP Plan statement dated as of March 31, 2018.
- [F2]Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting. Subject to the approval of the Compensation Committee (or Board), the amount of RSUs that will be deemed earned will be based: (i) 50% on the Company's achievement of total shareholder return for calendar years 2018, 2019 and 2020, as compared against the Company's designated Peer Group, subject to the discretion of the Compensation Committee (or Board); and (ii) 50% on Compensation Committee (or Board) discretionary assessment of management execution of strategic objectives relating to the Company's Transformation Office and other initiatives for calendar years 2018, 2019, and 2020. 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 29, 2021.
- [F3]Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- [F5]Restricted stock units are subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates.
- [F6]Stock options are subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates.
Documents
Issuer
SVB FINANCIAL GROUP
CIK 0000719739
Entity typeother
Related Parties
1- filerCIK 0001654140
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 9:09 PM ET
- Size
- 12.6 KB