4//SEC Filing
Reynolds Ben 4
Accession 0001312109-21-000279
CIK 0001312109other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 8:07 PM ET
Size
16.0 KB
Accession
0001312109-21-000279
Insider Transaction Report
Form 4
Reynolds Ben
EVP
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-11-19−583→ 1,164 total→ Class A Common Stock (583 underlying) - Exercise/Conversion
Class A Common Stock
2021-11-19+583→ 2,331 total - Tax Payment
Class A Common Stock
2021-11-19$219.75/sh−290$63,728→ 2,041 total
Holdings
- 5,140
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (6,854 underlying) - 1,164
Restricted Stock Units
→ Class A Common Stock (3,918 underlying) - 1,077
Restricted Stock Units
→ Class A Common Stock (1,747 underlying) - 1,164
Restricted Stock Units
→ Class A Common Stock (3,918 underlying) - 2,597
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (2,597 underlying)
Footnotes (7)
- [F1]Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- [F2]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 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, local and foreign taxes of any kind.
- [F3]The option becomes exercisable in four equal annual installments beginning November 19, 2020.
- [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 two equal installments, on February 26, 2024, and February 26, 2025. 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.
Documents
Issuer
Silvergate Capital Corp
CIK 0001312109
Entity typeother
Related Parties
1- filerCIK 0001757679
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 8:07 PM ET
- Size
- 16.0 KB