# EDGAR Filing Document

**Accession Number:** 0000719739
**File Stem:** 0001562180-23-002056
**Filing Date:** 2023-3
**Character Count:** 7492
**Document Hash:** 35f083bc7eeb5c3f9046bf9dd0a5fd65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001562180-23-002056.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001562180-23-002056

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230227

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BECKER GREGORY W
- **CENTRAL INDEX KEY:** 0001259867

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39154
- **FILM NUMBER:** 23694889

**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:** 911962278
- **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

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BECKER GREGORY W<br><sub>(Last) (First) (Middle)</sub><br><br>3005 TASMAN DRIVE<br><sub>(Street)</sub><br>SANTA CLARA, CA 95054<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-27 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>SVB FINANCIAL GROUP [ SIVB ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-27 |  | M |  | 4000.00 | A | $105.18 | 96552.00 | I | Revocable Trust |
| Common Stock | 2023-02-27 |  | M |  | 4451.00 | A | $105.18 | 101003.00 | I | Revocable Trust |
| Common Stock | 2023-02-27 |  | M |  | 4000.00 | A | $105.18 | 105003.00 | I | Revocable Trust |
| Common Stock | 2023-02-27 |  | S |  | 899.00 | D | 285.7975<sup>(1)</sup> | 104104.00 | I | Revocable Trust |
| Common Stock | 2023-02-27 |  | S |  | 3675.00 | D | 286.8626<sup>(2)</sup> | 100429.00 | I | Revocable Trust |
| Common Stock | 2023-02-27 |  | S |  | 6276.00 | D | 287.686<sup>(3)</sup> | 94153.00 | I | Revocable Trust |
| Common Stock | 2023-02-27 |  | S |  | 1601.00 | D | 288.559<sup>(4)</sup> | 92552.00 | I | Revocable Trust |
| Common Stock |  |  |  |  |  |  |  | 6315.00 | I | By 401(k)/ESOP |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option | $105.18 | 2023-02-27 |  | M |  |  | 4451.00 | <sup>(5)</sup> | 2023-05-02 | Common Stock | 4451.00 | $0.00 | 8000.00 | D |  |
| Stock Option | $105.18 | 2023-02-27 |  | M |  |  | 4000.00 | <sup>(5)</sup> | 2023-05-02 | Common Stock | 4000.00 | $0.00 | 4000.00 | D |  |
| Stock Option | $105.18 | 2023-02-27 |  | M |  |  | 4000.00 | <sup>(5)</sup> | 2023-05-02 | Common Stock | 4000.00 | $0.00 | 0.00 | D |  |

---

### Footnotes:

(1) This transaction was executed in multiple trades at prices ranging from	$285.27 to $286.23; the price reported above reflects the weighted average sale price.

(2) This transaction was executed in multiple trades at prices ranging from	$286.26 to $287.24; the price reported above reflects the weighted average sale price.

(3) This transaction was executed in multiple trades at prices ranging from	$287.25 to $288.21; the price reported above reflects the weighted average sale price.

(4) This transaction was executed in multiple trades at prices ranging from	$288.29 to $289.05; the price reported above reflects the weighted average sale price.

(5) 25%/4yr beginning on 02-May-2016.

**Remarks:**
These transactions reported were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective January 26, 2023.

**Signature:** /s/Desiree Combs, Attorney-in-Fact for Gregory Becker  
**Date:** 2023-03-01

### Remarks:

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).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**