0001312109-23-000042.txt : 20230224 0001312109-23-000042.hdr.sgml : 20230224 20230224180318 ACCESSION NUMBER: 0001312109-23-000042 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230222 FILED AS OF DATE: 20230224 DATE AS OF CHANGE: 20230224 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: 23669198 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_167727976999427.xml FORM 4 X0306 4 2023-02-22 0 0001312109 Silvergate Capital Corp SI 0001757679 Reynolds Ben 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037 0 1 0 0 President Class A Common Stock 2023-02-22 4 M 0 601 A 3256 D Class A Common Stock 2023-02-22 4 F 0 246 15.77 D 3010 D Restricted Stock Units 2023-02-22 4 M 0 601 0 A Class A Common Stock 1203.0 1203 D Restricted Stock Units Class A Common Stock 582.0 582 D Restricted Stock Units Class A Common Stock 718.0 718 D Restricted Stock Units Class A Common Stock 3918.0 3918 D Non-Qualified Stock Options 16.09 2029-11-19 Class A Common Stock 5140.0 5140 D Non-Qualified Stock Options 127.56 2031-02-26 Class A Common Stock 2597.0 2597 D Non-Qualified Stock Options 110.84 2032-02-22 Class A Common Stock 4169.0 4169 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 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 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. 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 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. The option becomes exercisable in four equal annual installments beginning November 19, 2020. The option becomes exercisable in three annual installments beginning February 26, 2022. The option becomes exercisable in three annual installments beginning February 22, 2023. /s/ John M. Bonino, as Attorney-in-Fact 2023-02-24