4//SEC Filing
Reynolds Ben 4
Accession 0001312109-22-000224
CIK 0001312109other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 4:17 PM ET
Size
17.9 KB
Accession
0001312109-22-000224
Insider Transaction Report
Form 4
Reynolds Ben
EVP
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-11-19−582→ 582 total→ Class A Common Stock (582 underlying) - Exercise/Conversion
Class A Common Stock
2022-11-19+582→ 2,857 total - Tax Payment
Class A Common Stock
2022-11-19$24.90/sh−202$5,030→ 2,655 total
Holdings
- 4,169
Non-Qualified Stock Options
Exercise: $110.84Exp: 2032-02-22→ Class A Common Stock (4,169 underlying) - 582
Restricted Stock Units
→ Class A Common Stock (1,804 underlying) - 3,918
Restricted Stock Units
→ Class A Common Stock (3,918 underlying) - 2,597
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (2,597 underlying) - 718
Restricted Stock Units
→ Class A Common Stock (718 underlying) - 3,426
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (3,426 underlying)
Footnotes (9)
- [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 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.
- [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 restricted stock units vest in two equal installments, on February 26, 2024, and February 26, 2025. 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 19, 2020.
- [F8]The option becomes exercisable in three annual installments beginning February 26, 2022.
- [F9]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 0001757679
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 4:17 PM ET
- Size
- 17.9 KB