0000950170-24-124560.txt : 20241112
0000950170-24-124560.hdr.sgml : 20241112
20241112071511
ACCESSION NUMBER: 0000950170-24-124560
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20241107
FILED AS OF DATE: 20241112
DATE AS OF CHANGE: 20241112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Matthews Beverly Kay
CENTRAL INDEX KEY: 0001776401
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39154
FILM NUMBER: 241443246
MAIL ADDRESS:
STREET 1: C/O COHERENT, INC.
STREET 2: 5100 PATRICK HENRY DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SVB FINANCIAL GROUP
CENTRAL INDEX KEY: 0000719739
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 911962278
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2770 SAND HILL ROAD
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: 650-567-6900
MAIL ADDRESS:
STREET 1: 2770 SAND HILL ROAD
CITY: MENLO PARK
STATE: CA
ZIP: 94025
FORMER COMPANY:
FORMER CONFORMED NAME: SILICON VALLEY BANCSHARES
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
4
X0508
4
2024-11-07
true
0000719739
SVB FINANCIAL GROUP
SIVBQ
0001776401
Matthews Beverly Kay
3003 TASMAN DRIVE
SANTA CLARA
CA
95054
true
false
false
false
false
Common Stock
2024-11-07
4
D
false
2374
0
D
0
D
Restricted Stock Unit
2024-11-07
4
D
false
466
0
D
2023-04-20
2032-05-02
Common Stock
466
0
D
On March 17, 2023, SVB Financial Group, a Delaware corporation (the "Issuer"), and certain of its subsidiaries (together with the Issuer, the "Company") commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United State Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). On August 2, 2024, the Bankruptcy Court entered an order (the "Confirmation Order") confirming the Debtor's Second Amended Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (the "Plan"). On November 7, 2024 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from chapter 11. The Plan was approved by the Issuer's Board of Directors.
On the Effective Date, all outstanding shares of the Issuer's common stock and restricted stock units were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court.
Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.
/s/ Beverly K Matthews
2024-11-11