Filing Details
- Accession Number:
- 0001245313-12-000065
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-05-03 21:04:22
- Reporting Period:
- 2012-05-01
- Filing Date:
- 2012-05-03
- Accepted Time:
- 2012-05-03 21:04:22
- 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 |
---|---|---|---|---|---|---|---|
1441076 | A David Jones | 3003 Tasman Drive Santa Clara CA 95054 | Chief Credit 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 | Disposition | 2012-05-01 | 10,000 | $64.10 | 94,140 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options | Acquisiton | 2012-05-01 | 11,900 | $64.37 | 11,900 | $64.37 |
Common Stock | Performance Based Restricted Stock Units | Acquisiton | 2012-05-01 | 5,550 | $0.00 | 5,550 | $0.00 |
Common Stock | Restricted Stock Units | Acquisiton | 2012-05-01 | 2,200 | $0.00 | 2,200 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
55,685 | 2013-05-01 | 2019-05-01 | No | 4 | A | Direct |
61,235 | 2014-12-20 | 2014-12-20 | No | 4 | A | Direct |
63,435 | 2013-05-01 | 2016-05-01 | No | 4 | A | Direct |
Footnotes
- Stock Options vest 25% annually over 4 years from date of grant.
- Restricted Stock Units vest 25% annually over 4 years from date of grant.
- 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 2012 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 5/1/2012, and the extent deemed earned at the end of the 2012 performance period, will vest on 12/20/2014, subject to continued service.