0000950157-23-001157.txt : 20231121 0000950157-23-001157.hdr.sgml : 20231121 20231121163038 ACCESSION NUMBER: 0000950157-23-001157 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231119 FILED AS OF DATE: 20231121 DATE AS OF CHANGE: 20231121 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Fraher Kathleen CENTRAL INDEX KEY: 0001758346 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39123 FILM NUMBER: 231428608 MAIL ADDRESS: STREET 1: 4250 EXECUTIVE SQUARE SUITE 300 CITY: LA JOLLA STATE: CA ZIP: 92037 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 form4.xml X0508 4 2023-11-19 0001312109 Silvergate Capital Corp SICP 0001758346 Fraher Kathleen 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037 true Chief Transition Officer false Class A Common Stock 2023-11-19 4 M 0 1203 0 A 12571 D Class A Common Stock 2023-11-19 4 F 0 491 0.3022 D 12080 D Restricted Stock Units 2023-11-19 4 M 0 1203 0 D Class A Common Stock 1203 0 D Restricted Stock Units Class A Common Stock 294 294 D Restricted Stock Units Class A Common Stock 1052 1052 D Restricted Stock Units Class A Common Stock 4510 4510 D Non-Qualified Stock Options 16.09 2029-11-19 Class A Common Stock 7077 7077 D Non-Qualified Stock Options 110.84 2032-02-22 Class A Common Stock 3648 3648 D Non-Qualified Stock Options 127.56 2031-02-26 Class A Common Stock 2124 2124 D Restricted stock units convert into Class A Common Stock on a one-for-one basis. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units were granted on November 19, 2019 and vest in four equal annual installments beginning on November 19, 2020, the last of which occurred on November 19, 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 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 restricted stock units were granted on February 26, 2021 and 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 restricted stock units were granted on February 22, 2022 and 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. The restricted stock units were granted on February 22, 2022 and vest in two equal installments, on February 22, 2025, and February 22, 2026. 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 four equal annual installments beginning November 18, 2020. The option becomes exercisable in three annual installments beginning February 22, 2023. The option becomes exercisable in three annual installments beginning February 26, 2022. /s/ Kathleen Fraher 2023-11-21