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: 5/21/2020ACC: 0001312109-20-000047
Director
Since Nov 2019
-5.28K
Net shares
Net seller
$76.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
10K acquired · 15.28K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+10K
Price / share
$4.09
Trade value
$40.90K
% of position
854.7%
5/20/2020
1.17K→11.17K
Class A Common Stock
Direct
Shares
−5.28K
Price / share
$14.56
Trade value
$76.80K
% of position
47.2%
5/20/2020
11.17K→5.89K
Total
Net shares
+4.72K
Net value
-$35.90K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 5/20/2020 | M · Option Exercise | +10K | $4.09 | $40.90K | 854.7% | 1.17K | 11.17K |
| Class A Common Stock Direct | 5/20/2020 | F · Tax Withholding | −5.28K | $14.56 | $76.80K | 47.2% | 11.17K | 5.89K |
| Total | +4.72K | -$35.90K | ||||||
Derivative Transactions1
Non-Qualified Stock Options
Direct
Converts to
Class A Common Stock
10K shares
Shares
−10K
Strike price
4.09
Held after
47.50K
Exercisable
—
5/20/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options Direct | Class A Common Stock10K shares | 5/20/2020 | M · Option Exercise | −10K | 4.09 | — | 47.50K |
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 | ||||