Clendening John S 4
4 · SVB FINANCIAL GROUP · Filed May 5, 2020
Insider Transaction Report
Form 4
Clendening John S
Director
Transactions
- Award
Restricted Stock Unit
2020-05-01+722→ 722 totalFrom: 2021-04-22Exp: 2030-05-01→ Common Stock (722 underlying)
Holdings
- 1,729
Common Stock
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
- [F2]This transaction represents the reporting person's annual Director Equity grant of Restricted Stock Units. This award was granted on May 1, 2020, and is scheduled to vest upon the completion of the reporting person's 2020-2021 director term, currently expected to be on April 22, 2021 (the scheduled date of the Issuer's 2021 Annual Shareholder Meeting).