4//SEC Filing
Bonino John M. 4
Accession 0001312109-21-000284
CIK 0001312109other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 8:14 PM ET
Size
14.5 KB
Accession
0001312109-21-000284
Insider Transaction Report
Form 4
Bonino John M.
EVP & Chief Legal Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2021-11-19+769→ 30,365 total - Tax Payment
Class A Common Stock
2021-11-19$219.75/sh−382$83,945→ 29,983 total - Exercise/Conversion
Restricted Stock Units
2021-11-19−769→ 1,538 total→ Class A Common Stock (769 underlying)
Holdings
- 1,762.275(indirect: By 401(k))
Class A Common Stock
- 10,000(indirect: By IRA)
Class A Common Stock
- 6,789
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (6,789 underlying) - 587
Restricted Stock Units
→ Class A Common Stock (587 underlying) - 1,416
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (1,416 underlying)
Footnotes (6)
- [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 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.
- [F4]The option becomes exercisable in four equal annual installments beginning November 18, 2020.
- [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.
Documents
Issuer
Silvergate Capital Corp
CIK 0001312109
Entity typeother
Related Parties
1- filerCIK 0001757654
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 8:14 PM ET
- Size
- 14.5 KB