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: 3/1/2022ACC: 0001312109-22-000065

InsiderBONINO JOHN M.CIK 1757654

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IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP & Chief Legal Officer

Since Nov 2019

-68.00

Net shares

Net seller

$8.2K

Total sold

Open market trades

0B · 0S

Total transactions

196.00 acquired · 264.00 disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+196.00

Price / share

—

Trade value

—

% of position

0.7%

2/26/2022

29.98K→30.18K

Class A Common Stock

Direct

F · Tax Withholding

−68.00

Price / share

$120.49

Trade value

$8.19K

% of position

0.2%

2/26/2022

30.18K→30.11K

Total

Net shares

+128.00

Net value

-$8.19K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/26/2022	M · Option Exercise	+196.00	—	—	0.7%	29.98K	30.18K
Class A Common Stock Direct	2/26/2022	F · Tax Withholding	−68.00	$120.49	$8.19K	0.2%	30.18K	30.11K
Total			+128.00		-$8.19K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

196.00 shares

−196.00

Strike price

Held after

391.00

Exercisable

—

2/26/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock196.00 shares	2/26/2022	M · Option Exercise	−196.00		—	391.00

Non-Derivative Holdings (Post-Transaction)2

Class A Common Stock

Indirect

Shares owned1.76K

Class A Common Stock

Indirect

Shares owned10K

Total

11.76K indirect11.76K

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

Derivative Holdings (Post-Transaction)4

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

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

902.00

Shares owned

902.00

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.54K

Shares owned

1.54K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

10.64K

Owned

10.64K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
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
Restricted Stock Units Direct	Class A Common Stock		—	—	902.00	902.00
Restricted Stock Units Direct	Class A Common Stock		—	—	1.54K	1.54K
Total					10.64K	10.64K