Martino Antonio 4
4 · Silvergate Capital Corp · Filed Nov 20, 2020
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Class A Common Stock
2020-11-19+1,166→ 4,166 total - Exercise/Conversion
Restricted Stock Units
2020-11-19−1,166→ 3,495 total→ Class A Common Stock (1,166 underlying)
Holdings
- 13,710
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (13,710 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F3]The restricted stock units vest in four equal annual installments beginning 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.
- [F4]The option becomes exercisable in four equal annual installments beginning November 19, 2020.