0001562180-18-002223.txt : 20180503 0001562180-18-002223.hdr.sgml : 20180503 20180503203646 ACCESSION NUMBER: 0001562180-18-002223 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180501 FILED AS OF DATE: 20180503 DATE AS OF CHANGE: 20180503 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Beck Daniel J CENTRAL INDEX KEY: 0001708156 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15637 FILM NUMBER: 18805792 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 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 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2018-05-01 false 0000719739 SVB FINANCIAL GROUP SIVB 0001708156 Beck Daniel J 3005 TASMAN DRIVE SANTA CLARA CA 95054 false true false false Chief Financial Officer Common Stock 8.00 I By 401(k)/ESOP Performance Restricted Stock Unit 0.00 2018-05-01 4 A false 5166.00 A 2021-01-29 2025-05-01 Common Stock 5166.00 5166.00 D Restricted Stock Unit 0.00 2018-05-01 4 A false 738.00 A 2025-05-01 Common Stock 738.00 738.00 D Stock Option 305.46 2018-05-01 4 A false 2313.00 0.00 A 2025-05-01 Common Stock 2313.00 2313.00 D The information in this report is based on 401(k)/ESOP Plan statement dated as of March 31, 2018. Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting. Subject to the approval of the Compensation Committee (or Board), the amount of RSUs that will be deemed earned will be based: (i) 21.42857% on the Company's achievement of total shareholder return for calendar years 2018, 2019 and 2020, as compared against the Company's designated Peer Group, subject to the discretion of the Compensation Committee (or Board); and (ii) 78.57143% on Compensation Committee (or Board) discretionary assessment of management execution of strategic objectives relating to the Company's Transformation Office and other initiatives for calendar years 2018, 2019, and 2020. 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 29, 2021. Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock. Each 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 four equal installments on the anniversary date of the grant, 25% on each of the successive anniversary dates. 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. Denise West, Attorney-in-Fact for Daniel Beck 2018-05-03