4//SEC Filing
Reynolds Ben 4
Accession 0001312109-23-000049
CIK 0001312109other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 6:15 PM ET
Size
18.0 KB
Accession
0001312109-23-000049
Insider Transaction Report
Form 4
Reynolds Ben
EVP
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-26+359→ 3,369 total - Tax Payment
Class A Common Stock
2023-02-26$14.33/sh−147$2,107→ 3,222 total - Exercise/Conversion
Restricted Stock Units
2023-02-26−359→ 359 totalFrom: 2023-02-26→ Class A Common Stock (359 underlying)
Holdings
- 1,203
Restricted Stock Units
→ Class A Common Stock (1,203 underlying) - 582
Restricted Stock Units
→ Class A Common Stock (582 underlying) - 3,918
Restricted Stock Units
→ Class A Common Stock (3,918 underlying) - 5,140
Non-Qualified Stock Options
Exercise: $16.09Exp: 2029-11-19→ Class A Common Stock (5,140 underlying) - 2,597
Non-Qualified Stock Options
Exercise: $127.56Exp: 2031-02-26→ Class A Common Stock (2,597 underlying) - 4,169
Non-Qualified Stock Options
Exercise: $110.84Exp: 2032-02-22→ Class A Common Stock (4,169 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 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.
- [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 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.
- [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
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 6:15 PM ET
- Size
- 18.0 KB