Brassfield Karen F. 4
4 · Silvergate Capital Corp · Filed Aug 27, 2020
Insider Transaction Report
Form 4
Brassfield Karen F.
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2020-08-26$4.09/sh+20,000$81,800→ 25,895 total - Tax Payment
Class A Common Stock
2020-08-26$14.98/sh−9,664$144,767→ 16,231 total - Exercise/Conversion
Non-Qualified Stock Options
2020-08-26−20,000→ 27,500 totalExercise: $4.09From: 2011-03-25Exp: 2021-03-25→ Class A Common Stock (20,000 underlying)
Holdings
- 2,056
Restricted Stock Units
→ Class A Common Stock (2,056 underlying) - 2,500
Restricted Stock Units
→ Class A Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F2]The restricted stock units vest fully on May 29, 2021. Vested shares will be delivered within thirty days following the vesting of the restricted stock units, when, subject to any trading restriction, the reporting person will receive the number of ordinary shares that corresponds to the number of restricted stock units that have become vested on the applicable vesting date, less any shares withheld to satisfy federal, state, local and foreign taxes of any kind.
- [F3]The restricted stock units vest fully on November 19, 2020. Vested shares will be delivered within thirty days following the vesting of the restricted stock units, when, subject to any trading restriction, the reporting person will receive the number of ordinary shares that corresponds to the number of restricted stock units that have become vested on the applicable vesting date, less any shares withheld to satisfy federal, state, local and foreign taxes of any kind.