0001312109-21-000186.txt : 20210806 0001312109-21-000186.hdr.sgml : 20210806 20210806173257 ACCESSION NUMBER: 0001312109-21-000186 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210804 FILED AS OF DATE: 20210806 DATE AS OF CHANGE: 20210806 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Reynolds Ben CENTRAL INDEX KEY: 0001757679 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39123 FILM NUMBER: 211153986 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 wf-form4_162828555965433.xml FORM 4 X0306 4 2021-08-04 0 0001312109 Silvergate Capital Corp SI 0001757679 Reynolds Ben 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037 0 1 0 0 Chief Strategy Officer Class A Common Stock 2021-08-04 4 M 0 10000 12 A 14748 D Class A Common Stock 2021-08-04 4 S 0 1600 102.7228 D 13148 D Class A Common Stock 2021-08-04 4 S 0 3000 103.4423 D 10148 D Class A Common Stock 2021-08-04 4 S 0 400 104.375 D 9748 D Class A Common Stock 2021-08-04 4 S 0 2363 103.5918 D 7385 D Class A Common Stock 2021-08-04 4 S 0 1900 104.7495 D 5485 D Class A Common Stock 2021-08-04 4 S 0 2451 105.4663 D 3034 D Non-Qualified Stock Options 12.0 2021-08-04 4 M 0 10000 12 D 2018-06-22 2028-06-22 Class A Common Stock 10000.0 0 D Restricted Stock Units Class A Common Stock 3918.0 3918 D Non-Qualified Stock Options 127.56 2031-02-26 Class A Common Stock 2597.0 2597 D Restricted Stock Units Class A Common Stock 3918.0 3918 D Restricted Stock Units Class A Common Stock 1747.0 1747 D Non-Qualified Stock Options 16.09 2029-11-19 Class A Common Stock 6854.0 6854 D This transaction was executed in multiple trades at prices ranging from $102.09 to $103.07. 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 $103.10 to $104.065. 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 $104.17 to $104.45. 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 $103.10 to $104.09. 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 $104.16 to $105.11. 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 $105.21 to $105.83. 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 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 ordinary shares that corresponds to the number of restricted stock units that have become vested on the applicable vesting date. 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 19, 2020. /s/ John M. Bonino, as Attorney-in-Fact 2021-08-06