0001562180-17-001802.txt : 20170504
0001562180-17-001802.hdr.sgml : 20170504
20170504210304
ACCESSION NUMBER: 0001562180-17-001802
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170502
FILED AS OF DATE: 20170504
DATE AS OF CHANGE: 20170504
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: Leone Roger
CENTRAL INDEX KEY: 0001654140
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15637
FILM NUMBER: 17815931
MAIL ADDRESS:
STREET 1: 4052 RONDA ROAD
CITY: PEBBLE BEACH
STATE: CA
ZIP: 93953
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2017-05-02
false
0000719739
SVB FINANCIAL GROUP
SIVB
0001654140
Leone Roger
3005 TASMAN DRIVE
SANTA CLARA
CA
95054
false
true
false
false
Chief Information Officer
Common Stock
2017-05-02
4
M
false
177.00
A
922.00
D
Common Stock
2017-05-02
4
F
false
67.00
178.39
D
855.00
D
Common Stock
53.00
I
By 401(k)/ESOP
Performance Restricted Stock Unit
0.00
2017-02-21
5
A
false
E
1474.00
A
2020-01-30
2024-02-21
Common Stock
1474.00
1474.00
D
Restricted Stock Unit
0.00
2017-05-02
4
M
false
177.00
D
2023-05-02
Common Stock
177.00
530.00
D
Restricted Stock Unit
0.00
2017-05-02
4
A
false
480.00
A
2024-05-02
Common Stock
480.00
480.00
D
Stock Option
178.39
2017-05-02
4
A
false
1547.00
178.39
A
2024-05-02
Common Stock
1547.00
1547.00
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.
The information in this report is based on 401(k)/ESOP Plan statement dated as of March 31, 2017.
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 2017-2019 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, 2020.
Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
25%/4yr beginning on 02-May-2017.
Restricted stock units are subject to annual vesting in equal installments on May 2, 2018, May 2, 2019, May 2, 2020, and May 2, 2021.
The grant of stock options are 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 Roger Leone
2017-05-04