4//SEC Filing
Eisele Derek J. 4
Accession 0001312109-22-000061
CIK 0001312109other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 4:56 PM ET
Size
20.1 KB
Accession
0001312109-22-000061
Insider Transaction Report
Form 4
Eisele Derek J.
DirectorVice Chairman and EVP
Transactions
- Exercise/Conversion
Class A Common Stock
2022-02-26+104→ 104 total - Tax Payment
Class A Common Stock
2022-02-26$120.49/sh−36$4,338→ 68 total - Exercise/Conversion
Restricted Stock Units
2022-02-26−104→ 209 total→ Class A Common Stock (104 underlying)
Holdings
- 871
Non-Qualified Stock Options
Exercise: $110.84Exp: 2032-02-22→ Class A Common Stock (871 underlying) - 755
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (755 underlying) - 103,905(indirect: By Trust)
Class A Common Stock
- 75,098(indirect: By Trust)
Class A Common Stock
- 377
Restricted Stock Units
→ Class A Common Stock (377 underlying) - 10,716
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (10,716 underlying) - 277(indirect: By Trust)
Class A Common Stock
- 1,821
Restricted Stock Units
→ Class A Common Stock (1,821 underlying) - 30,000
Non-Qualified Stock Options
Exercise: $5.64From: 2014-10-24Exp: 2024-10-24→ Class A Common Stock (30,000 underlying)
Footnotes (10)
- [F1]The reporting person is a co-trustee and remainder beneficiary of the Credit Shelter Trust U/W of Mary P. Eisele. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- [F10]The option becomes exercisable in three annual installments beginning February 26, 2022.
- [F2]The reporting person is a trustee and beneficiary of the George R. Eisele Irrevocable Trust II. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- [F3]Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- [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]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F6]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.
- [F7]The option becomes exercisable in three annual installments beginning February 22, 2023.
- [F8]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.
- [F9]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
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 4:56 PM ET
- Size
- 20.1 KB