SILICON VALLEY BANCSHARES·4

Apr 28, 7:38 PM ET

JENKINS STARK JOHN F 4

4 · SILICON VALLEY BANCSHARES · Filed Apr 28, 2005

Insider Transaction Report

Form 4
Period: 2005-04-26
Transactions
  • Award

    Restricted Stock Unit

    2005-04-26+7,5007,500 total
    Exercise: $0.00From: 2006-12-01Exp: 2007-12-01Common Stock (7,500 underlying)
  • Award

    Incentive Stock Option (right to buy)

    2005-04-26+2,1592,159 total
    Exercise: $46.31From: 2006-04-26Exp: 2012-04-26Common Stock (2,159 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2005-04-26+12,84112,841 total
    Exercise: $46.31From: 2006-04-26Exp: 2012-04-26Common Stock (12,841 underlying)
Footnotes (2)
  • [F1]Stock options were granted to the reporting person. Vesting will occur annually from the date of grant over 4 years with 25% vesting each year.
  • [F2]The reporting person was granted restricted stock units (RSUs) which are subject to performance-based vesting. The RSUs are effective as of 4/26/05, and will vest on 12/1/06, based on the level of return on average equity (ROE) achieved by the Company at December 31, 2005 as follows: (i) if less than 90% of target, nonewill vest; (ii) if 90% but less than 100% of target 2,500 will vest; (iii) if 100% but less than 110% of target 5,000 will vest; and (iv) if 110% or greater of target 7,500 will vest. Vesting is subject to adjustment by the Compensation Committee as approved to take into account extraordinary items that may impact the calculation of ROE.

Documents

1 file
  • 4
    edgardoc.xmlPrimary

    PRIMARY DOCUMENT