0001209191-14-030378.txt : 20140501 0001209191-14-030378.hdr.sgml : 20140501 20140501193802 ACCESSION NUMBER: 0001209191-14-030378 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140429 FILED AS OF DATE: 20140501 DATE AS OF CHANGE: 20140501 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SVB FINANCIAL GROUP CENTRAL INDEX KEY: 0000719739 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 942856336 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3003 TASMAN DR CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 4086547400 MAIL ADDRESS: STREET 1: 3003 TASMAN DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 FORMER COMPANY: FORMER CONFORMED NAME: SILICON VALLEY BANCSHARES DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cadieux Marc C CENTRAL INDEX KEY: 0001600735 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15637 FILM NUMBER: 14806589 MAIL ADDRESS: STREET 1: 508 LAUREL AVENUE CITY: MENLO PARK STATE: CA ZIP: 94025 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2014-04-29 0 0000719739 SVB FINANCIAL GROUP SIVB 0001600735 Cadieux Marc C SVB FINANCIAL GROUP 3003 TASMAN DRIVE SANTA CLARA CA 95054 0 1 0 0 Chief Credit Officer Common Stock 5433 D Common Stock 6074 I By 401(k)/ESOP Performance Restricted Stock Unit 0.00 2014-04-29 4 A 0 1891 0.00 A 2017-01-30 2021-04-29 Common Stock 1891 1891 D Restricted Stock Unit 0.00 2014-04-29 4 A 0 741 0.00 A 2015-04-29 2021-04-29 Common Stock 741 741 D Stock Option 107.98 2014-04-29 4 A 0 4479 107.98 A 2015-04-29 2021-04-29 Common Stock 4479 4479 D 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 2014-2016 and other considerations, as determined pursuant to the 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 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, 2017. Restricted stock units are subject to annual vesting in equal installments on April 29, 2015, April 29, 2016, April 29, 2017, and April 29, 2018. 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 SIVB common stock on the date of grant. Denise West, Attorney-in-Fact for Marc Cadieux 2014-05-01