DESCHENEAUX MICHAEL (President, Silicon Valley Bank) exercised options at SVB FINANCIAL GROUP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/5/2022ACC: 0001562180-22-003831
Officer· President, Silicon Valley Bank
Since Aug 2018
-97.00
Net shares
Net seller
$49.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
261.00 acquired · 358.00 disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+261.00
Price / share
—
Trade value
—
% of position
1.2%
5/3/2022
22.62K→22.88K
Common Stock
Direct
Shares
−97.00
Price / share
$512.62
Trade value
$49.72K
% of position
0.4%
5/3/2022
22.88K→22.78K
Total
Net shares
+164.00
Net value
-$49.72K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/3/2022 | M · Option Exercise | +261.00 | — | — | 1.2% | 22.62K | 22.88K |
| Common Stock Direct | 5/3/2022 | F · Tax Withholding | −97.00 | $512.62 | $49.72K | 0.4% | 22.88K | 22.78K |
| Total | +164.00 | -$49.72K | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
261.00 shares
Shares
−261.00
Strike price
Held after
782.00
Exercisable
—
5/3/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock261.00 shares | 5/3/2022 | M · Option Exercise | −261.00 | — | 782.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned345.00
Total
345.00 indirect345.00
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 345.00 | Indirect |
| Total | 345.00 | 345.00 indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported