Daniel Beck - Jun 7, 2021 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVPQ)

Role
Chief Financial Officer
Signature
/s/Desiree Combs, Attorney-in-Fact for Daniel Beck
Stock symbol
SIVPQ
Transactions as of
Jun 7, 2021
Transactions value $
-$2,337,660
Form type
4
Date filed
6/9/2021, 11:30 AM
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVPQ Common Stock Options Exercise +421 +9.61% 4.8K Jun 5, 2021 Direct F1
transaction SIVPQ Common Stock Options Exercise +684 +14.24% 5.49K Jun 5, 2021 Direct F1
transaction SIVPQ Common Stock Tax liability -$126K -209 -3.81% $602.38* 5.28K Jun 5, 2021 Direct F2
transaction SIVPQ Common Stock Tax liability -$205K -340 -6.44% $602.38* 4.94K Jun 5, 2021 Direct F2
transaction SIVPQ Common Stock Options Exercise $124K +734 +14.86% $169.49* 5.67K Jun 7, 2021 Direct
transaction SIVPQ Common Stock Options Exercise $530K +1.74K +30.58% $305.46* 7.41K Jun 7, 2021 Direct
transaction SIVPQ Common Stock Options Exercise $215K +859 +11.6% $250.43* 8.27K Jun 7, 2021 Direct
transaction SIVPQ Common Stock Options Exercise $244K +1.32K +15.94% $184.86* 9.59K Jun 7, 2021 Direct
transaction SIVPQ Common Stock Sale -$2.76M -4.62K -48.19% $597.60* 4.97K Jun 7, 2021 Direct F3
transaction SIVPQ Common Stock Sale -$16.2K -27 -0.54% $598.32* 4.94K Jun 7, 2021 Direct F4
transaction SIVPQ Common Stock Sale -$344K -575 -11.64% $597.60* 4.36K Jun 8, 2021 Direct
holding SIVPQ Common Stock 30 Jun 7, 2021 By 401(k)/ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SIVPQ Restricted Stock Unit Options Exercise $0 -421 -100% $0.00* 0 Jun 5, 2021 Common Stock 421 Direct F1, F5
transaction SIVPQ Restricted Stock Unit Options Exercise $0 -684 -100% $0.00* 0 Jun 5, 2021 Common Stock 684 Direct F1, F5
transaction SIVPQ Stock Option Options Exercise $0 -734 -100% $0.00* 0 Jun 7, 2021 Common Stock 734 $169.49 Direct F5
transaction SIVPQ Stock Option Options Exercise $0 -1.74K -75.01% $0.00 578 Jun 7, 2021 Common Stock 1.74K $305.46 Direct F6
transaction SIVPQ Stock Option Options Exercise $0 -859 -33.33% $0.00 1.72K Jun 7, 2021 Common Stock 859 $250.43 Direct F7
transaction SIVPQ Stock Option Options Exercise $0 -1.32K -25.01% $0.00 3.95K Jun 7, 2021 Common Stock 1.32K $184.86 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 This transaction was executed in multiple trades at prices ranging from $597.18 to $598.08; the price reported above reflects the weighted average sale price.
F4 This transaction was executed in multiple trades at prices ranging from $598.22 to $598.57; the price reported above reflects the weighted average sale price.
F5 25%/4yr beginning on 05-Jun-2017.
F6 25%/4yr beginning on 01-May-2018.
F7 25%/4yr beginning on 01-May-2019.
F8 25%/4yr beginning on 01-May-2020.

Remarks:

All transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective May 6, 2021.