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Filing Details

Accession Number:: 0001209191-16-117636
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-05-04 21:15:56
Reporting Period:: 2016-04-30

Filing Date:: 2016-05-04
Accepted Time:: 2016-05-04 21:15:56
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
719739	Svb Financial Group	SIVB	State Commercial Banks (6022)	942856336

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1518729	Bruce Wallace	3005 Tasman Drive Santa Clara CA 95054	Chief Digital Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2016-04-30	650	$0.00	10,691	No	4	M	Direct
Common Stock	Acquisiton	2016-05-01	400	$0.00	11,091	No	4	M	Direct
Common Stock	Acquisiton	2016-05-01	293	$0.00	11,384	No	4	M	Direct
Common Stock	Acquisiton	2016-05-02	2,200	$64.37	13,584	No	4	M	Direct
Common Stock	Acquisiton	2016-05-02	1,200	$71.11	14,784	No	4	M	Direct
Common Stock	Disposition	2016-05-02	3,400	$105.18	11,384	No	4	S	Direct
Common Stock	Disposition	2016-05-02	507	$105.18	10,877	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	F	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Disposition	2016-05-01	400	$0.00	400	$0.00
Common Stock	Stock Option	Disposition	2016-05-02	2,200	$64.37	2,200	$64.37
Common Stock	Stock Option	Disposition	2016-05-02	1,200	$71.11	1,200	$71.11
Common Stock	Restricted Stock Unit	Disposition	2016-04-30	650	$0.00	650	$0.00
Common Stock	Restricted Stock Unit	Disposition	2016-05-01	293	$0.00	293	$0.00
Common Stock	Performance Restricted Stock Unit	Acquisiton	2016-02-16	4,837	$0.00	4,837	$0.00
Common Stock	Restricted Stock Unit	Acquisiton	2016-05-02	1,415	$0.00	1,415	$0.00
Common Stock	Stock Option	Acquisiton	2016-05-02	4,829	$105.18	4,829	$105.18

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2013-05-01	2019-05-01	No	4	M	Direct
2,300	2013-05-01	2019-05-01	No	4	M	Direct
3,500	2014-04-30	2020-04-30	No	4	M	Direct
650	2014-04-30	2020-04-30	No	4	M	Direct
878	2016-05-01	2022-05-01	No	4	M	Direct
4,837	2019-01-30	2023-02-16	No	5	A	Direct
1,415	2017-05-02	2023-05-02	No	4	A	Direct
4,829	2017-05-02	2023-05-02	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	304	Indirect	By 401(k)/ESOP

Footnotes

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
The 3,400 shares were sold through separate trades, with the sale prices ranging from $105.00 to $105.5011 and at a weighted average sale price of $105.1795.
Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.
Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting. The extent to which the PRSU awards are earned will be based on the Company's performance for calendar years 2016-2018 and other considerations, as determined pursuant to the discretion of the Compensation Committee and the 162m Committee. The reported number of shares is the maximum number of shares that may be earned by the reporting person, based on the achievement of 150% of target performance. 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 30, 2019.
Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
Restricted stock units are subject to annual vesting in equal installments on May 2, 2017, May 2, 2018, May 2, 2019, and May 2, 2020.
The grant of stock options is subject to annual vesting in four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates. The exercise price of the stock options is determined based on the closing price of SVB's common stock on the date of grant.