Filing Details

Accession Number:
0001245313-11-000050
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-29 21:32:21
Reporting Period:
2011-04-27
Filing Date:
2011-04-29
Accepted Time:
2011-04-29 21:32:21
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
1245213 J Marc Verissimo 3005 Tasman Drive
Santa Clara CA 95054
Chief Strategy/Risk Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-04-27 3,621 $17.07 29,026 No 4 M Direct
Common Stock Disposition 2011-04-27 3,621 $60.20 25,405 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2011-04-27 4,500 $0.00 4,500 $0.00
Common Stock Restricted Stock Units Acquisiton 2011-04-27 2,000 $0.00 2,000 $0.00
Common Stock Stock Options Acquisiton 2011-04-27 8,000 $60.37 8,000 $60.37
Common Stock Stock Options Disposition 2011-04-27 3,621 $17.07 3,621 $17.07
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
80,768 2013-12-20 2013-12-20 No 4 A Direct
82,768 2012-04-27 2015-04-27 No 4 A Direct
90,768 2012-04-27 2018-04-27 No 4 A Direct
87,147 2003-11-08 2012-11-08 No 4 M Direct
Footnotes
  1. The reporting person was granted performance-based restricted stock units which are subject to performance and time-based vesting (PRSUs). The extent to which the PRSU awards are earned will be based on the Company's 2011 performance, as determined pursuant to the sole discretion of the Compensation Committee of the Board of Directors. The reported number of shares is the maximum number of shares that may be earned by the reporting person, based on achievement of 150% of target performance. The PRSUs are effective as of 4/27/2011, and to the extent deemed earned at the end of the 2011 performance period, will vest on 12/20/2013, subject to continued service.
  2. Restricted Stock Units vest 25% annually over 4 years from date of grant.
  3. Stock Options vest 25% annually over 4 years from date of grant.