Paik Son-Jai 4

4 · Silvergate Capital Corp · Filed Feb 24, 2022

Form 4

Period: 2022-02-22

Chief Human Resource Officer

Transactions

Award
Restricted Stock Units
[F1][F2]
2022-02-22+609→ 609 total
→ Class A Common Stock (609 underlying)
Award
Non-Qualified Stock Options
[F3]
2022-02-22+1,408→ 1,408 total
Exercise: $110.84Exp: 2032-02-22→ Class A Common Stock (1,408 underlying)

Holdings

Class A Common Stock
(indirect: By 401(k))
6,110
Class A Common Stock
(indirect: By 401(k))
168.015
Restricted Stock Units
[F1][F4]
→ Class A Common Stock (718 underlying)
718
Non-Qualified Stock Options
[F5]
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (1,731 underlying)
1,731

Footnotes (5)

[F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F2]The restricted stock units vest in three equal annual installments beginning on February 22, 2023. 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.
[F3]The option becomes exercisable in three annual installments beginning February 22, 2023.
[F4]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.
[F5]The option becomes exercisable in three annual installments beginning February 26, 2022.

Signature

/s/ John M. Bonino, as Attorney-in-Fact|2022-02-24

Documents

1 file