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

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1. Name and Address of Reporting Person^*

Jones David A

(Last)

(First)

(Middle)

3003 TASMAN DRIVE

(Street)

SANTA CLARA

95054

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/24/2008

3. Issuer Name and Ticker or Trading Symbol
SVB FINANCIAL GROUP [ SIVB ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Credit Officer

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	60,698	D
Common Stock⁽¹⁾	20,486	D

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)
Restricted Stock Unit	04/02/2008⁽²⁾	04/02/2011	Common Stock	813	$0	D
Restricted Stock Unit	04/29/2009⁽²⁾	04/29/2012	Common Stock	1,750	$0	D
Incentive stock option	11/16/2002⁽³⁾	11/16/2011	Common Stock	87	$26	D
Non qualified stock option	11/16/2002⁽³⁾	11/16/2011	Common Stock	7,413	$26	D
Incentive stock option	11/05/2003⁽³⁾	11/05/2012	Common Stock	2,148	$19.24	D
Non-qualified stock option	11/05/2003⁽³⁾	11/05/2012	Common stock	12,852	$19.24	D
incentive stock option	04/17/2003⁽³⁾	04/17/2012	common stock	1,875	$31.29	D
non-qualified stock option	04/17/2003⁽³⁾	04/17/2012	common stock	5,625	$31.29	D
incentive stock option	11/03/2004⁽³⁾	11/03/2008	common stock	1,497	$35.26	D
non qualified stock option	11/03/2004⁽³⁾	11/03/2008	common stock	6,003	$35.26	D
incentive stock option	04/23/2005⁽³⁾	04/23/2011	common stock	1,750	$35.54	D
non qualified stock options	04/23/2005⁽³⁾	04/23/2011	common stock	5,250	$35.54	D
incentive stock option	11/19/2005⁽³⁾	11/19/2011	common stock	907	$41.66	D
nonqualified stock option	11/19/2005⁽³⁾	11/19/2011	common stock	3,593	$41.66	D
restricted stock	04/01/2006⁽¹⁾	04/01/2010	common stock	291	$0	D
incentive stock options	04/01/2006⁽³⁾	04/01/2012	common stock	875	$43.49	D
non qualified stock option	04/01/2006⁽³⁾	04/01/2012	common stock	2,625	$43.49	D
incentive stock option	04/02/2008⁽³⁾	04/02/2014	common stock	1,942	$48.15	D
non qualified stock option	04/02/2008⁽³⁾	04/02/2014	common stock	1,308	$48.15	D
incentive stock option	04/29/2009⁽³⁾	04/29/2015	common stock	2,292	$48.76	D
non qualified stock option	04/29/2009⁽³⁾	04/29/2015	common stock	1,708	$48.76	D
incentive stock option	07/20/2001⁽³⁾	07/20/2010	common stock	1,721	$49.5	D
non qualified stock options	07/20/2001⁽³⁾	07/20/2010	common stock	5,779	$49.5	D
Restricted stock unit	11/19/2008⁽²⁾	11/19/2011	common stock	2,791	$0	D
Restricted stock unit	04/04/2007⁽²⁾	04/04/2010	common stock	582	$0	D
incentive stock option	04/04/2007⁽³⁾	04/04/2013	common stock	1,750	$53.29	D
non qualified stock option	04/04/2007⁽³⁾	04/04/2013	common stock	1,750	$53.29	D
non qualified stock option	01/21/2000⁽³⁾	01/21/2009	common stock	15,000	$8.938	D
incentive stock option	08/04/1999⁽³⁾	08/04/2008	common stock	13,304	$15.031	D
non qualified stock option	08/04/1999⁽³⁾	08/04/2008	common stock	16,696	$15.031	D

Explanation of Responses:

1. Direct holding in 401K/Employee Stock Ownership Plan.

2. Restricted Stock Unit vests in 4 equal installments over 4 years.

3. Stock option award vests in 4 equal installments over 4 years

	Lisa Bertolet as attorney in fact	07/31/2008
	** 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.