0001562180-19-005381.txt : 20191106 0001562180-19-005381.hdr.sgml : 20191106 20191106174735 ACCESSION NUMBER: 0001562180-19-005381 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191104 FILED AS OF DATE: 20191106 DATE AS OF CHANGE: 20191106 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Descheneaux Michael CENTRAL INDEX KEY: 0001398582 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15637 FILM NUMBER: 191197517 MAIL ADDRESS: STREET 1: 3003 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 2019-11-04 false 0000719739 SVB FINANCIAL GROUP SIVB 0001398582 Descheneaux Michael 3005 TASMAN DRIVE SANTA CLARA CA 95054 false true false false President, Silicon Valley Bank Common Stock 2019-11-04 4 M false 1500.00 107.98 A 21938.00 D Common Stock 2019-11-04 4 S false 1500.00 236.0823 D 20438.00 D Common Stock 2019-11-04 4 S false 1000.00 236.172 D 19438.00 D Common Stock 333.00 I By 401(k)/ESOP Stock Option 107.98 2019-11-04 4 M false 1500.00 0.00 D 2021-04-29 Common Stock 1500.00 711.00 D This transaction was executed in multiple trades at prices ranging from $236.0101 to $236.165; the price reported above reflects the weighted average sale price. The information in this report is based on 401(k)/ESOP Plan statement dated as of September 30, 2019. 25%/4yr beginning on 29-Apr-2014. These transactions reported were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective February 27, 2019. /s/Desiree Combs, Attorney-in-Fact for Michael Descheneaux 2019-11-06 EX-24 2 poamichaeldescheneaux_jul19.txt MICHAEL DESCHENEAUX JUL 2019 POA LIMITED POWER OF ATTORNEY - SECURITIES LAW COMPLIANCE I, as an officer or director of SVB Financial Group and subsidiaries, appoint Annie Loo, Connie Lam, Desiree Combs, and Wei Sun each of them, my true and lawful attorney-in-fact and agent to complete and execute Forms 144, Forms 3, 4 and 5 and other forms as the attorney determines in his or her discretion are required or advisable pursuant to Rule 144 under the Securities Act of 1933 (as amended), Section 16 of the Securities Exchange Act of 1934 (as amended) or the Securities and Exchange Commission's rules and regulations, or any successor laws or regulations, as a consequence of my ownership, acquisition or disposition of securities of SVB Financial Group, and to do all acts necessary in order to file such forms with the Securities and Exchange Commission, any securities exchange or national association, and other person or agency as the attorney deems appropriate. I ratify and confirm all that the attorneys-in- act and agents do or cause to be done. This Limited Power of Attorney is executed in Santa Clara, CA as of the date below and shall remain effective unless I am no longer required to complete said forms or until my revocation in writing of this Limited Power of Attorney. Signature /s/Michael Descheneaux Type or Print Name Dated: 07/22/2019 Witness: /s/Brittani Parks Type or Print Name /s/Jaspreet Singh Type or Print Name Dated: 07/22/2019