BONINO JOHN M. (EVP & Chief Legal Officer) exercised options at SILVERGATE CAPITAL CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

BONINO JOHN M.

Filed: 11/23/2021ACC: 0001312109-21-000284

InsiderBONINO JOHN M.CIK 1757654

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP & Chief Legal Officer

Since Nov 2019

-382.00

Net shares

Net seller

$83.9K

Total sold

Open market trades

0B · 0S

Total transactions

769.00 acquired · 1.15K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+769.00

Price / share

—

Trade value

—

% of position

2.6%

11/19/2021

29.60K→30.36K

Class A Common Stock

Direct

F · Tax Withholding

−382.00

Price / share

$219.75

Trade value

$83.94K

% of position

1.3%

11/19/2021

30.36K→29.98K

Total

Net shares

+387.00

Net value

-$83.94K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/19/2021	M · Option Exercise	+769.00	—	—	2.6%	29.60K	30.36K
Class A Common Stock Direct	11/19/2021	F · Tax Withholding	−382.00	$219.75	$83.94K	1.3%	30.36K	29.98K
Total			+387.00		-$83.94K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

769.00 shares

−769.00

Strike price

Held after

1.54K

Exercisable

—

11/19/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock769.00 shares	11/19/2021	M · Option Exercise	−769.00		—	1.54K

Non-Derivative Holdings (Post-Transaction)2

Class A Common Stock

Indirect

Shares owned10K

Class A Common Stock

Indirect

Shares owned1.76K

Total

11.76K indirect11.76K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	10K	Indirect
Class A Common Stock	1.76K	Indirect
Total	11.76K	11.76K indirect

Derivative Holdings (Post-Transaction)3

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

587.00

Shares owned

587.00

Exercise price

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

6.79K

Shares owned

6.79K

Exercise price

16.09

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

1.42K

Shares owned

1.42K

Exercise price

127.56

Expiration

—

Exercise window

—

Total

Underlying

8.79K

Owned

8.79K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	587.00	587.00
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	6.79K	6.79K
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	1.42K	1.42K
Total					8.79K	8.79K