0001209191-16-117607.txt : 20160504
0001209191-16-117607.hdr.sgml : 20160504
20160504202220
ACCESSION NUMBER: 0001209191-16-117607
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160430
FILED AS OF DATE: 20160504
DATE AS OF CHANGE: 20160504
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: Cadieux Marc C
CENTRAL INDEX KEY: 0001600735
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15637
FILM NUMBER: 161621235
MAIL ADDRESS:
STREET 1: 508 LAUREL AVENUE
CITY: MENLO PARK
STATE: CA
ZIP: 94025
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-04-30
0
0000719739
SVB FINANCIAL GROUP
SIVB
0001600735
Cadieux Marc C
3005 TASMAN DRIVE
SANTA CLARA
CA
95054
0
1
0
0
Chief Credit Officer
Common Stock
2016-04-30
4
M
0
445
A
11361
D
Common Stock
2016-05-01
4
M
0
450
A
11811
D
Common Stock
2016-05-01
4
M
0
225
A
12036
D
Common Stock
2016-05-02
4
F
0
423
105.18
D
11613
D
Common Stock
6181
I
By 401(k)/ESOP
Restricted Stock Unit
0.00
2016-05-01
4
M
0
450
D
2013-05-01
2019-05-01
Common Stock
450
0
D
Restricted Stock Unit
0.00
2016-04-30
4
M
0
445
D
2014-04-30
2020-04-30
Common Stock
445
445
D
Restricted Stock Unit
0.00
2016-05-01
4
M
0
225
D
2016-05-01
2022-05-01
Common Stock
225
673
D
Performance Restricted Stock Unit
0.00
2016-02-16
5
A
0
E
4837
A
2019-01-30
2023-02-16
Common Stock
4837
4837
D
Restricted Stock Unit
0.00
2016-05-02
4
A
0
1415
A
2017-05-02
2023-05-02
Common Stock
1415
1415
D
Stock Option
105.18
2016-05-02
4
A
0
4829
105.18
A
2017-05-02
2023-05-02
Common Stock
4829
4829
D
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 2016-2018 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, 2019.
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 2, 2017, May 2, 2018, May 2, 2019, and May 2, 2020.
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 SVB's common stock on the date of grant.
Denise West, Attorney-in-Fact for Marc Cadieux
2016-05-04