Sec Form 4 Filing - Edmonds-Waters Christopher @ SVB FINANCIAL GROUP - 2021-05-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Edmonds-Waters Christopher
2. Issuer Name and Ticker or Trading Symbol
SVB FINANCIAL GROUP [ SIVB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Human Resources Officer
(Last) (First) (Middle)
3005 TASMAN DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
05/03/2021
(Street)
SANTA CLARA, CA95054
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/01/2021 05/03/2021 M 135 A 2,731 D
Common Stock 05/01/2021 05/03/2021 M 154 A 2,885 D
Common Stock 05/01/2021 05/03/2021 M 253 A 3,138 D
Common Stock 05/02/2021 05/03/2021 M 171 A 3,309 D
Common Stock 05/01/2021 05/03/2021 F 67 ( 2 ) D $ 564.63 3,242 D
Common Stock 05/01/2021 05/03/2021 F 77 ( 2 ) D $ 564.63 3,165 D
Common Stock 05/01/2021 05/03/2021 F 126 ( 2 ) D $ 564.63 3,039 D
Common Stock 05/02/2021 05/03/2021 F 85 ( 2 ) D $ 564.63 2,954 D
Common Stock 2,982 ( 3 ) I By 401(k)/ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit ( 1 ) 05/01/2021 05/03/2021 M 135 ( 4 ) 05/01/2025 Common Stock 135 $ 0 135 D
Restricted Stock Unit ( 1 ) 05/01/2021 05/03/2021 M 154 ( 5 ) 05/01/2026 Common Stock 154 $ 0 308 D
Restricted Stock Unit ( 1 ) 05/01/2021 05/03/2021 M 253 ( 6 ) 05/01/2027 Common Stock 253 $ 0 758 D
Restricted Stock Unit ( 1 ) 05/02/2021 05/03/2021 M 171 ( 7 ) 05/02/2024 Common Stock 171 $ 0 0 D
Stock Option $ 564.63 05/03/2021 A 1,139 ( 8 ) 05/03/2028 Common Stock 1,139 $ 0 1,139 D
Restricted Stock Unit ( 1 ) 05/03/2021 A 379 ( 9 ) 05/03/2028 Common Stock 379 $ 0 379 D
Performance Restricted Stock Unit ( 10 ) 05/03/2021 A V 1,138 01/31/2024( 11 ) 05/03/2028 Common Stock 1,138 $ 0 1,138 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Edmonds-Waters Christopher
3005 TASMAN DRIVE
SANTA CLARA, CA95054
Chief Human Resources Officer
Signatures
/s/Wei Sun, Attorney-in-Fact for Christopher Edmonds-Waters 05/05/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
( 2 )Shares withheld by Issuer for payment of tax liability incurred upon vesting of restricted stock units.
( 3 )The information in this report is based on 401(k)/ESOP Plan statement dated as of March 31, 2021.
( 4 )25%/4yr beginning on 01-May-2018.
( 5 )25%/4yr beginning on 01-May-2019.
( 6 )25%/4yr beginning on 01-May-2020.
( 7 )25%/4yr beginning on 02-May-2017.
( 8 )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.
( 9 )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.
( 10 )Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
( 11 )Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting and scheduled to vest on January 31, 2024.

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