BRASSFIELD KAREN F. exercised options at SILVERGATE CAPITAL CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/15/2020ACC: 0001312109-20-000043
Director
Since Nov 2019
-1.33K
Net shares
Net seller
$18.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
2.50K acquired · 3.83K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+2.50K
Price / share
$4.09
Trade value
$10.22K
% of position
New position
5/14/2020
0.00→2.50K
Class A Common Stock
Direct
Shares
−1.33K
Price / share
$14.21
Trade value
$18.90K
% of position
53.2%
5/14/2020
2.50K→1.17K
Total
Net shares
+1.17K
Net value
-$8.67K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 5/14/2020 | M · Option Exercise | +2.50K | $4.09 | $10.22K | New position | 0.00 | 2.50K |
| Class A Common Stock Direct | 5/14/2020 | F · Tax Withholding | −1.33K | $14.21 | $18.90K | 53.2% | 2.50K | 1.17K |
| Total | +1.17K | -$8.67K | ||||||
Derivative Transactions1
Non-Qualified Stock Options
Direct
Converts to
Class A Common Stock
2.50K shares
Shares
−2.50K
Strike price
4.09
Held after
57.50K
Exercisable
—
5/14/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options Direct | Class A Common Stock2.50K shares | 5/14/2020 | M · Option Exercise | −2.50K | 4.09 | — | 57.50K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Restricted Stock Units
DirectUnderlying security
Class A Common Stock
Underlying shares
2.50K
Shares owned
2.50K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
2.50K
Owned
2.50K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock | — | — | 2.50K | 2.50K | |
| Total | 2.50K | 2.50K | ||||