LANE ALAN J 4
4 · Silvergate Capital Corp · Filed Mar 1, 2022
Insider Transaction Report
Form 4
LANE ALAN J
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-02-26+1,084→ 1,084 total - Award
Class A Common Stock
2022-02-26$120.49/sh+375$45,184→ 709 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2022-02-26−1,084→ 2,169 total→ Class A Common Stock (1,084 underlying)
Holdings
- 142,123(indirect: By Trust)
Class A Common Stock
- 88,268(indirect: By IRA)
Class A Common Stock
- 1,757.842(indirect: By 401(k))
Class A Common Stock
- 5,977
Restricted Stock Units
[F3][F4]→ Class A Common Stock (5,977 underlying) - 13,810
Non-Qualified Stock Options
[F5]Exercise: $110.84Exp: 2032-02-22→ Class A Common Stock (13,810 underlying) - 5,546
Restricted Stock Units
[F3][F6]→ Class A Common Stock (5,546 underlying) - 32,628
Non-Qualified Stock Options
[F7]Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (32,628 underlying) - 3,253
Restricted Stock Units
[F3][F2]→ Class A Common Stock (3,253 underlying) - 7,838
Non-Qualified Stock Options
[F8]Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (7,838 underlying)
Footnotes (8)
- [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 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, and local taxes of any kind.
- [F7]The option becomes exercisable in four equal annual installments beginning November 18, 2020.
- [F8]The option becomes exercisable in three annual installments beginning February 26, 2022.
Signature
/s/ John M. Bonino, as Attorney-in-Fact|2022-03-01