Paik Son-Jai 4

4 · Silvergate Capital Corp · Filed Mar 1, 2022

Form 4

Period: 2022-02-26

EVP & Chief HR Officer

Transactions

Tax Payment
Class A Common Stock
2022-02-26$120.49/sh−81$9,760→ 158 total
Exercise/Conversion
Restricted Stock Units
2022-02-26−239→ 479 total
→ Class A Common Stock (239 underlying)
Exercise/Conversion
Class A Common Stock
2022-02-26+239→ 239 total

Holdings

Restricted Stock Units
→ Class A Common Stock (609 underlying)
609
Non-Qualified Stock Options
Exercise: $110.84Exp: 2032-02-22→ Class A Common Stock (1,408 underlying)
1,408
Class A Common Stock
(indirect: By 401(k))
168.015
Class A Common Stock
(indirect: By 401(k))
6,110
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (1,731 underlying)
1,731

Footnotes (6)

[F1]Restricted stock units convert into Class A Common Stock on a one-for-one basis.
[F2]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.
[F3]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F4]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.
[F5]The option becomes exercisable in three annual installments beginning February 22, 2023.
[F6]The option becomes exercisable in three annual installments beginning February 26, 2022.

Documents

1 file