0001312109-21-000132.txt : 20210610 0001312109-21-000132.hdr.sgml : 20210610 20210610205324 ACCESSION NUMBER: 0001312109-21-000132 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210608 FILED AS OF DATE: 20210610 DATE AS OF CHANGE: 20210610 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LANE ALAN J CENTRAL INDEX KEY: 0001232737 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39123 FILM NUMBER: 211009705 MAIL ADDRESS: STREET 1: 41090 AVENIDA VERDE CITY: TEMECULA STATE: CA ZIP: 92591 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Silvergate Capital Corp CENTRAL INDEX KEY: 0001312109 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4250 EXECUTIVE SQUARE STE 300 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: (858) 362-6300 MAIL ADDRESS: STREET 1: 4250 EXECUTIVE SQUARE STE 300 CITY: LA JOLLA STATE: CA ZIP: 92037 4 1 wf-form4_162337278303753.xml FORM 4 X0306 4 2021-06-08 0 0001312109 Silvergate Capital Corp SI 0001232737 LANE ALAN J 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037 1 1 0 0 President and CEO Class A Common Stock 2021-06-08 4 M 0 75000 4.20 A 75000 D Class A Common Stock 2021-06-08 4 S 0 6249 101.8236 D 68751 D Class A Common Stock 2021-06-08 4 S 0 8789 103.3251 D 59962 D Class A Common Stock 2021-06-08 4 S 0 10006 103.7237 D 49956 D Class A Common Stock 2021-06-08 4 S 0 13791 105.2407 D 36165 D Class A Common Stock 2021-06-08 4 S 0 13512 105.9425 D 22653 D Class A Common Stock 2021-06-08 4 S 0 7391 107.1228 D 15262 D Class A Common Stock 2021-06-08 4 S 0 5513 107.9977 D 9749 D Class A Common Stock 2021-06-08 4 S 0 3738 109.0534 D 6011 D Class A Common Stock 2021-06-08 4 S 0 5811 109.9039 D 200 D Class A Common Stock 2021-06-08 4 S 0 200 110.57 D 0 D Class A Common Stock 2021-06-09 4 M 0 75000 4.20 A 75000 D Class A Common Stock 2021-06-09 4 S 0 3195 103.2508 D 71805 D Class A Common Stock 2021-06-09 4 S 0 3034 103.9514 D 68771 D Class A Common Stock 2021-06-09 4 S 0 3953 105.7266 D 64818 D Class A Common Stock 2021-06-09 4 S 0 23088 106.4471 D 41730 D Class A Common Stock 2021-06-09 4 S 0 21355 107.5616 D 20375 D Class A Common Stock 2021-06-09 4 S 0 16726 108.448 D 3649 D Class A Common Stock 2021-06-09 4 S 0 3649 109.192 D 0 D Class A Common Stock 2021-06-10 4 M 0 22363 4.20 A 22363 D Class A Common Stock 2021-06-10 4 S 0 7122 101.0913 D 15241 D Class A Common Stock 2021-06-10 4 S 0 4128 101.6947 D 11113 D Class A Common Stock 140725 I By Self and Spouse as Trustees of Lane Trust Class A Common Stock 88268 I By IRA Class A Common Stock 1757.8417 I By Employer 401(k) Plan Non-Qualified Stock Options 4.2 2021-06-08 4 M 0 75000 0 D 2012-01-27 2022-01-27 Class A Common Stock 75000.0 97363 D Non-Qualified Stock Options 4.2 2021-06-09 4 M 0 75000 0 D 2012-01-27 2022-01-27 Class A Common Stock 75000.0 22363 D Non-Qualified Stock Options 4.2 2021-06-10 4 M 0 22363 0 D 2012-01-27 2022-01-27 Class A Common Stock 22363.0 0 D Restricted Stock Units Class A Common Stock 3253.0 3253 D Non-Qualified Stock Options 127.56 2031-02-26 Class A Common Stock 7838.0 7838 D Restricted Stock Units Class A Common Stock 8319.0 8319 D Non-Qualified Stock Options 16.09 2029-11-19 Class A Common Stock 32628.0 32628 D Non-Qualified Stock Options 4.2 2012-01-27 2022-01-27 Class A Common Stock 172363.0 0 D This transaction was executed in multiple trades at prices ranging from $101.34 to $102.19. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $102.48 to $103.47. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $103.48 to $104.31. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $104.50 to $105.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $105.50 to $106.48. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $106.50 to $107.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $107.50 to $108.48. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $108.50 to $109.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $109.50 to $110.47. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $110.52 to $110.62. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $102.55 to $103.53. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $103.62 to $104.31. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $104.99 to $105.98. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $106.00 to $106.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $107.00 to $107.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $108.00 to $108.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $109.01 to $109.61. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $100.50 to $101.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $101.50 to $101.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. 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. The option becomes exercisable in three annual installments beginning February 26, 2022. 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. The option becomes exercisable in four equal annual installments beginning November 18, 2020. /s/ John M. Bonino, as Attorney-in-Fact 2021-06-10