SEC FORM 3

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

BECKER GREGORY W

(Last)

(First)

(Middle)

3003 TASMAN DRIVE

(Street)

SANTA CLARA

95054

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/11/2003

3. Issuer Name and Ticker or Trading Symbol
SILICON VALLEY BANCSHARES [ sivb ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Chief Banking Officer of Sub

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,699	I	Revocable Trust
Common Stock	3,252	D
Common Stock	6,317	I	By self in 401k/ESOP

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Incentive Stock Option (Right to Buy)	01/21/2000⁽¹⁾	08/04/2008	Common Stock	15,000	$15.031	D
Incentive Stock Opton (right to buy)	11/05/2005⁽²⁾	11/05/2012	Common Stock	1	$19.24	D
Non-Qualified Stock Option (right to buy)	11/05/2003⁽²⁾	11/02/2012	Common Stock	14,999	$19.24	D
Incentive Stock Option (right to buy)	04/20/2002⁽²⁾	04/20/2010	Common Stock	5,640	$23.688	D
Non Qualified Stock Option (right to buy)	04/20/2001⁽²⁾	04/20/2010	Common Stock	14,360	$23.688	D
Incentive Stock Option (right to buy)	01/17/2006⁽²⁾	01/17/2012	Common Stock	4,161	$24.03	D
Non Qualified Stock Option (right to buy)	01/17/2003⁽²⁾	01/17/2012	Common Stock	15,839	$24.03	D
Incentive Stock Option (right to buy)	05/08/2007⁽²⁾	05/08/2008	Common Stock	1,875	$25.17	D
Non Qualified Stock Option (right to buy)	05/08/2004⁽²⁾	05/08/2008	Common Stock	5,625	$25.17	D
Non Qualified Stock Option (right to buy)	11/16/2002⁽¹⁾	11/16/2011	Common Stock	7,500	$26	D
Incentive Stock Option (right to buy)	03/14/2005⁽²⁾	03/14/2011	Common Stock	3,837	$26.063	D
Non Qualified Stock Option (right to buy)	03/14/2002⁽²⁾	03/14/2011	Common Stock	16,163	$26.063	D
Non Qualified Stock Option (right to buy)	04/17/2003⁽¹⁾	04/17/2012	Common Stock	7,500	$31.29	D

Explanation of Responses:

1. Stock Option vests equally over four years 25% each year beginning one year after date of grant.

2. Reporting person was granted a stock opton that was issued as an incentive stock option up to the ISO limitation with the balance being issued as a non qualified stock option. The vesting schedule for the entire grant, both ISO and NQ is over four years with 25% vesting each year beginning one year after the grant date.

	Lisa Bertolet as attorney in fact for Gregory W. Becker	08/20/2003
	** Signature of Reporting Person	Date
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 5 (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.