Frank Dennis S - Nov 3, 2021 Form 4 Insider Report for Silvergate Capital Corp (SICP)

Role
Director
Signature
/s/ John M. Bonino, as Attorney-in-Fact
Stock symbol
SICP
Transactions as of
Nov 3, 2021
Transactions value $
-$5,019,069
Form type
4
Date filed
11/5/2021, 08:52 PM
Previous filing
Sep 15, 2021
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SICP Class A Common Stock Sale -$3.28M -16.4K -16.36% $200.24 83.7K Nov 3, 2021 By Irrevocable Trust F1, F2
transaction SICP Class A Common Stock Sale -$938K -4.66K -5.57% $201.24 79.1K Nov 3, 2021 By Irrevocable Trust F3
transaction SICP Class A Common Stock Sale -$802K -3.97K -5.01% $202.37 75.1K Nov 3, 2021 By Irrevocable Trust F4
holding SICP Class A Common Stock 75K Nov 3, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SICP Restricted Stock Units 674 Nov 3, 2021 Class A Common Stock 674 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $200.00 to $201.00. 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.
F2 The reporting person is a trustee and beneficiary of the George R. Eisele Irrevocable Trust II. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
F3 This transaction was executed in multiple trades at prices ranging from $201.01 to $201.98. 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.
F4 This transaction was executed in multiple trades at prices ranging from $202.00 to $202.82. 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.
F5 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F6 The restricted stock units vest in full on June 11, 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.