0001562180-18-002227.txt : 20180503 0001562180-18-002227.hdr.sgml : 20180503 20180503204426 ACCESSION NUMBER: 0001562180-18-002227 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: China John CENTRAL INDEX KEY: 0001519244 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15637 FILM NUMBER: 18805802 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 0001519244 China John 3005 TASMAN DRIVE SANTA CLARA CA 95054 false true false false Head of Technology Banking Common Stock 2018-05-01 4 M false 293.00 A 14074.00 D Common Stock 2018-05-01 4 F false 149.00 305.46 D 13925.00 D Common Stock 5611.00 I By 401(k)/ESOP Performance Restricted Stock Unit 0.00 2018-05-01 4 A false 2952.00 A 2021-01-29 2025-05-01 Common Stock 2952.00 2952.00 D Restricted Stock Unit 0.00 2018-05-01 4 M false 293.00 D 2022-05-01 Common Stock 293.00 292.00 D Restricted Stock Unit 0.00 2018-05-01 4 A false 984.00 A 2025-05-01 Common Stock 984.00 984.00 D Stock Option 305.46 2018-05-01 4 A false 3085.00 0.00 A 2025-05-01 Common Stock 3085.00 3085.00 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. 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) 50% 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) 50% 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. 25%/4yr beginning on 01-May-2016. 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 John China 2018-05-03