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Filing Details

Accession Number:: 0001312109-21-000186
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-06 17:32:57
Reporting Period:: 2021-08-04

Accepted Time:: 2021-08-06 17:32:57
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
1757679	Ben Reynolds	4250 Executive Square Suite 300 La Jolla CA 92037	Chief Strategy Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-08-04	10,000	$12.00	14,748	No	4	M	Direct
Class A Common Stock	Disposition	2021-08-04	1,600	$102.72	13,148	No	4	S	Direct
Class A Common Stock	Disposition	2021-08-04	3,000	$103.44	10,148	No	4	S	Direct
Class A Common Stock	Disposition	2021-08-04	400	$104.38	9,748	No	4	S	Direct
Class A Common Stock	Disposition	2021-08-04	2,363	$103.59	7,385	No	4	S	Direct
Class A Common Stock	Disposition	2021-08-04	1,900	$104.75	5,485	No	4	S	Direct
Class A Common Stock	Disposition	2021-08-04	2,451	$105.47	3,034	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Non-Qualified Stock Options	Disposition	2021-08-04	10,000	$12.00	10,000	$12.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2018-06-22	2028-06-22	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Restricted Stock Units	$0.00		3,918	3,918	Direct
Class A Common Stock	Non-Qualified Stock Options	$127.56	2031-02-26	2,597	2,597	Direct
Class A Common Stock	Restricted Stock Units	$0.00		3,918	3,918	Direct
Class A Common Stock	Restricted Stock Units	$0.00		1,747	1,747	Direct
Class A Common Stock	Non-Qualified Stock Options	$16.09	2029-11-19	6,854	6,854	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	3,918	3,918	Direct
2031-02-26	2,597	2,597	Direct
	3,918	3,918	Direct
	1,747	1,747	Direct
2029-11-19	6,854	6,854	Direct

Footnotes

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.