0001209191-15-039094.txt : 20150505
0001209191-15-039094.hdr.sgml : 20150505
20150505195624
ACCESSION NUMBER: 0001209191-15-039094
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150501
FILED AS OF DATE: 20150505
DATE AS OF CHANGE: 20150505
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SVB FINANCIAL GROUP
CENTRAL INDEX KEY: 0000719739
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 942856336
STATE OF INCORPORATION: DE
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: China John
CENTRAL INDEX KEY: 0001519244
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15637
FILM NUMBER: 15834772
MAIL ADDRESS:
STREET 1: 3005 TASMAN DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-05-01
0
0000719739
SVB FINANCIAL GROUP
SIVB
0001519244
China John
SVB FINANCIAL GROUP
3005 TASMAN DRIVE
SANTA CLARA
CA
95054
0
1
0
0
Head of Relationship Banking
Common Stock
2015-05-01
4
M
0
300
A
6562
D
Common Stock
2015-05-01
4
F
0
113
129.81
D
6449
D
Common Stock
5366
I
By 401(k)/ESOP
Performance Restricted Stock Unit
0.00
2015-03-30
5
A
0
E
3600
A
2018-01-30
2022-03-30
Common Stock
3600
3600
D
Restricted Stock Unit
0.00
2015-05-01
4
A
0
1171
A
2016-05-01
2022-05-01
Common Stock
1171
1171
D
Restricted Stock Unit
0.00
2015-05-01
4
M
0
300
D
2013-05-01
2019-05-01
Common Stock
300
300
D
Stock Option
129.81
2015-05-01
4
A
0
3542
129.81
A
2016-05-01
2022-05-01
Common Stock
3542
3542
D
Previously reported restricted stock units vested on 5/1/2015.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.
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 2015-2017 and other considerations, as determined pursuant to the discretion of the Compensation Committee and the 162m Committee. 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, 2018.
Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
Restricted stock units are subject to annual vesting in equal installments on May 1, 2016, May 1, 2017, May 1, 2018, and May 1, 2019.
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 John China
2015-05-05