Filing Details

Accession Number:
0001312109-21-000185
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-06 17:31:50
Reporting Period:
2021-08-04
Accepted Time:
2021-08-06 17:31:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1312109 Silvergate Capital Corp SI State Commercial Banks (6022) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1758346 Kathleen Fraher 4250 Executive Square
Suite 300
La Jolla CA 92037
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2021-08-04 1,200 $103.02 13,884 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Restricted Stock Units $0.00 881 881 Direct
Class A Common Stock Non-Qualified Stock Options $127.56 2031-02-26 2,124 2,124 Direct
Class A Common Stock Restricted Stock Units $0.00 3,609 3,609 Direct
Class A Common Stock Non-Qualified Stock Options $12.00 2018-06-22 2028-06-22 8,750 0 Direct
Class A Common Stock Non-Qualified Stock Options $16.09 2029-11-19 10,616 10,616 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
881 881 Direct
2031-02-26 2,124 2,124 Direct
3,609 3,609 Direct
2028-06-22 8,750 0 Direct
2029-11-19 10,616 10,616 Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  2. 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.
  3. The option becomes exercisable in three annual installments beginning February 26, 2022.
  4. 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.
  5. The option becomes exercisable in four equal annual installments beginning November 18, 2020.