Sec Form 4 Filing - Beck Daniel J @ SVB FINANCIAL GROUP - 2022-05-02

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
Beck Daniel J
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 Financial Officer
(Last) (First) (Middle)
3005 TASMAN DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
05/02/2022
(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 05/01/2022 05/02/2022 M 184 A 4,394 D
Common Stock 05/01/2022 05/02/2022 M 452 A 4,846 D
Common Stock 05/01/2022 05/02/2022 M 1,028 A 5,874 D
Common Stock 05/01/2022 05/02/2022 M 308 A 6,182 D
Common Stock 05/01/2022 05/02/2022 F 92( 2 ) D $ 497.67 6,090 D
Common Stock 05/01/2022 05/02/2022 F 225( 2 ) D $ 497.67 5,865 D
Common Stock 05/01/2022 05/02/2022 F 510( 2 ) D $ 497.67 5,355 D
Common Stock 05/01/2022 05/02/2022 F 153( 2 ) D $ 497.67 5,202 D
Common Stock 35( 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 ) 05/01/2022 05/02/2022 M 184 ( 4 ) 05/01/2025 Common Stock 184 $ 0 0 D
Restricted Stock Unit ( 1 ) 05/01/2022 05/02/2022 M 1,028 05/01/2022( 5 ) 05/01/2026 Common Stock 1,028 $ 0 0 D
Restricted Stock Unit ( 1 ) 05/01/2022 05/02/2022 M 308 ( 6 ) 05/01/2026 Common Stock 308 $ 0 308 D
Restricted Stock Unit ( 1 ) 05/01/2022 05/02/2022 M 452 ( 7 ) 05/01/2027 Common Stock 452 $ 0 902 D
Performance Restricted Stock Unit ( 8 ) 05/02/2022 A V 3,495 01/31/2025( 9 ) 05/02/2029 Common Stock 3,495 $ 0 3,495 D
Restricted Stock Unit ( 1 ) 05/02/2022 A 1,165 ( 10 ) 05/02/2029 Common Stock 1,165 $ 0 1,165 D
Stock Option $ 497.67 05/02/2022 A 2,875 ( 11 ) 05/02/2029 Common Stock 2,875 $ 0 2,875 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Beck Daniel J
3005 TASMAN DRIVE
SANTA CLARA, CA95054
Chief Financial Officer
Signatures
/s/Wei Sun, Attorney-in-Fact for Daniel Beck 05/04/2022
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.
( 10 )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.
( 11 )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.
( 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, 2022.
( 4 )25%/4yr beginning on 01-May-2018.
( 5 )Restricted stock units are subject to cliff vest on May 1, 2022.
( 6 )25%/4yr beginning on 01-May-2019.
( 7 )25%/4yr beginning on 01-May-2020.
( 8 )Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common Stock.
( 9 )Performance-based restricted stock units (PRSUs) are subject to both performance-based and time-based vesting and scheduled to vest on January 31, 2025.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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