Daniel Beck - 03 May 2022 Form 4 Insider Report for SVB FINANCIAL GROUP (SIVPQ)

Role
Chief Financial Officer
Signature
/s/Wei Sun, Attorney-in-Fact for Daniel Beck
Issuer symbol
SIVPQ
Transactions as of
03 May 2022
Transactions value $
-$43,573
Form type
4
Filing time
05 May 2022, 18:21:41 UTC
Previous filing
04 May 2022
Next filing
05 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIVPQ Common Stock Options Exercise +178 +3.42% 5,380 03 May 2022 Direct F1
transaction SIVPQ Common Stock Tax liability -$43,572 -85 -1.58% $512.62* 5,295 03 May 2022 Direct F2
holding SIVPQ Common Stock 35 03 May 2022 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 -178 -25.04% $0 533 03 May 2022 Common Stock 178 Direct F1, F3
* 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 25%/4yr beginning on 03-May-2021.