4//SEC Filing
LANE ALAN J 4
Accession 0001312109-22-000223
CIK 0001312109other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 4:16 PM ET
Size
18.3 KB
Accession
0001312109-22-000223
Insider Transaction Report
Form 4
LANE ALAN J
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-11-19−2,773→ 2,773 total→ Class A Common Stock (2,773 underlying) - Exercise/Conversion
Class A Common Stock
2022-11-19+2,773→ 2,773 total - Tax Payment
Class A Common Stock
2022-11-19$24.90/sh−1,375$34,238→ 1,398 total
Holdings
- 88,268(indirect: By IRA)
Class A Common Stock
- 13,810
Non-Qualified Stock Options
Exercise: $110.84Exp: 2032-02-22→ Class A Common Stock (13,810 underlying) - 153,945(indirect: By Trust)
Class A Common Stock
- 1,757.842(indirect: By 401(k))
Class A Common Stock
- 3,253
Restricted Stock Units
→ Class A Common Stock (2,169 underlying) - 5,977
Restricted Stock Units
→ Class A Common Stock (5,977 underlying) - 7,838
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (7,838 underlying) - 32,628
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (32,628 underlying)
Footnotes (8)
- [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 ordinary 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 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 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.
- [F6]The option becomes exercisable in four equal annual installments beginning November 18, 2020.
- [F7]The option becomes exercisable in three annual installments beginning February 26, 2022.
- [F8]The option becomes exercisable in three annual installments beginning February 22, 2023.
Documents
Issuer
Silvergate Capital Corp
CIK 0001312109
Entity typeother
Related Parties
1- filerCIK 0001232737
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 4:16 PM ET
- Size
- 18.3 KB