4//SEC Filing
Eisele Derek J. 4
Accession 0001312109-21-000240
CIK 0001312109other
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 6:05 PM ET
Size
20.3 KB
Accession
0001312109-21-000240
Insider Transaction Report
Form 4
Eisele Derek J.
DirectorVice Chairman and EVP
Transactions
- Sale
Class A Common Stock
2021-10-25$150.34/sh−26,913$4,046,168→ 13,087 total - Exercise/Conversion
Class A Common Stock
2021-10-25$4.42/sh+40,000$176,800→ 40,000 total - Sale
Class A Common Stock
2021-10-25$151.50/sh−12,787$1,937,242→ 300 total - Exercise/Conversion
Non-Qualified Stock Options
2021-10-25+40,000→ 0 totalExercise: $4.42From: 2012-08-28Exp: 2022-08-28→ Class A Common Stock (40,000 underlying) - Sale
Class A Common Stock
2021-10-25$152.11/sh−300$45,632→ 0 total
Holdings
- 313
Restricted Stock Units
→ Class A Common Stock (313 underlying) - 103,696(indirect: By Trust)
Class A Common Stock
- 30,000
Non-Qualified Stock Options
Exercise: $5.64From: 2014-10-24Exp: 2024-10-24→ Class A Common Stock (30,000 underlying) - 755
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (755 underlying) - 10,716
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (10,716 underlying) - 2,732
Restricted Stock Units
→ Class A Common Stock (2,732 underlying)
Footnotes (8)
- [F1]This transaction was executed in multiple trades at prices ranging from $150.00 to $150.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]This transaction was executed in multiple trades at prices ranging from $151.01 to $151.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]This transaction was executed in multiple trades at prices ranging from $152.01 to $152.09. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F5]The restricted stock units vest in three equal annual installments beginning on February 26, 2022. 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 Class A Common Stock 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, and local taxes of any kind.
- [F6]The option becomes exercisable in three annual installments beginning February 26, 2022.
- [F7]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.
- [F8]The option becomes exercisable in four equal annual installments beginning November 19, 2020.
Documents
Issuer
Silvergate Capital Corp
CIK 0001312109
Entity typeother
Related Parties
1- filerCIK 0001757644
Filing Metadata
- Form type
- 4
- Filed
- Oct 25, 8:00 PM ET
- Accepted
- Oct 26, 6:05 PM ET
- Size
- 20.3 KB