Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Husain Kamran F
  2. Issuer Name and Ticker or Trading Symbol
SVB FINANCIAL GROUP [SIVB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
(Last)
(First)
(Middle)
SVB FINANCIAL GROUP, 3005 TASMAN DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2014
(Street)

SANTA CLARA, CA 95054
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/25/2014   M   300 A $ 60.37 300 D  
Common Stock 08/25/2014   M   200 A $ 64.37 500 D  
Common Stock 08/25/2014   M   300 A $ 49.83 800 D  
Common Stock 08/25/2014   M   200 A $ 71.11 1,000 D  
Common Stock 08/25/2014   S   300 D $ 110.0508 (1) 700 D  
Common Stock 08/25/2014   S   200 D $ 110.0001 (2) 500 D  
Common Stock 08/25/2014   S   300 D $ 110.0501 (3) 200 D  
Common Stock 08/25/2014   S   200 D $ 110 0 D  
Common Stock               230 I By 401(k)/ESOP

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 71.11 08/25/2014   M     200 04/30/2014 04/30/2020 Common Stock 200 $ 71.11 2,000 D  
Stock Option $ 64.37 08/25/2014   M     200 05/01/2013 05/01/2019 Common Stock 200 $ 64.37 1,472 D  
Stock Option $ 49.83 08/25/2014   M     300 04/27/2011 04/27/2017 Common Stock 300 $ 49.83 278 D  
Stock Option $ 60.37 08/25/2014   M     300 04/27/2012 04/27/2018 Common Stock 300 $ 60.37 794 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Husain Kamran F
SVB FINANCIAL GROUP
3005 TASMAN DRIVE
SANTA CLARA, CA 95054
      Chief Accounting Officer  

Signatures

 Denise West, Attorney-in-Fact for Kamran Husain   08/27/2014
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The 300 shares were sold through separate trades, with the sale prices ranging from $110.05 to $110.0521 and at a weighted average sale price of $110.0508.
(2) The 200 shares were sold through separate trades, with the sale prices ranging from $110.00 to $110.0001 and at a weighted average sale price of $110.0001.
(3) The 300 shares were sold through separate trades, with the sale prices ranging from $110.05 to $110.0501 and at a weighted average sale price of $110.0501.

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