0001245313-11-000048.txt : 20110429
0001245313-11-000048.hdr.sgml : 20110429
20110429205637
ACCESSION NUMBER: 0001245313-11-000048
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110427
FILED AS OF DATE: 20110429
DATE AS OF CHANGE: 20110429
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Parsons Joan
CENTRAL INDEX KEY: 0001518728
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15637
FILM NUMBER: 11797227
MAIL ADDRESS:
STREET 1: 3005 TASMAN 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]
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
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0303
4
2011-04-27
0
0000719739
SVB FINANCIAL GROUP
SIVB
0001518728
Parsons Joan
3005 TASMAN DRIVE
SANTA CLARA
CA
95054
0
1
0
0
Head of US Banking
Restricted Stock Units
0
2011-04-27
4
A
0
4500
0
A
2013-12-20
2013-12-20
Common Stock
4500
61934
D
Restricted Stock Units
0
2011-04-27
4
A
0
2000
0
A
2012-04-27
2015-04-27
Common Stock
2000
63934
D
Stock Options
60.37
2011-04-27
4
A
0
7000
60.37
A
2012-04-27
2018-04-27
Common Stock
7000
70934
D
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 2011 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 4/27/2011, and to the extent deemed earned at the end of the 2011 performance period, will vest on 12/20/2013, subject to continued service.
Restricted Stock units vest 25% annually over 4 years from date of grant.
Stock Options vest 25% annually over 4 years from date of grant.
Lisa Bertolet as attorney in fact
2011-04-29