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: 8/27/2020ACC: 0001312109-20-000127
Director
Since Nov 2019
-9.66K
Net shares
Net seller
$144.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
20K acquired · 29.66K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+20K
Price / share
$4.09
Trade value
$81.80K
% of position
339.3%
8/26/2020
5.89K→25.89K
Class A Common Stock
Direct
Shares
−9.66K
Price / share
$14.98
Trade value
$144.77K
% of position
37.3%
8/26/2020
25.89K→16.23K
Total
Net shares
+10.34K
Net value
-$62.97K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 8/26/2020 | M · Option Exercise | +20K | $4.09 | $81.80K | 339.3% | 5.89K | 25.89K |
| Class A Common Stock Direct | 8/26/2020 | F · Tax Withholding | −9.66K | $14.98 | $144.77K | 37.3% | 25.89K | 16.23K |
| Total | +10.34K | -$62.97K | ||||||
Derivative Transactions1
Non-Qualified Stock Options
Direct
Converts to
Class A Common Stock
20K shares
Shares
−20K
Strike price
4.09
Held after
27.50K
Exercisable
—
8/26/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options Direct | Class A Common Stock20K shares | 8/26/2020 | M · Option Exercise | −20K | 4.09 | — | 27.50K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)2
Restricted Stock Units
DirectUnderlying security
Class A Common Stock
Underlying shares
2.06K
Shares owned
2.06K
Exercise price
Expiration
—
Exercise window
—
Restricted Stock Units
DirectUnderlying security
Class A Common Stock
Underlying shares
2.50K
Shares owned
2.50K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
4.56K
Owned
4.56K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock | — | — | 2.06K | 2.06K | |
| Restricted Stock Units Direct | Class A Common Stock | — | — | 2.50K | 2.50K | |
| Total | 4.56K | 4.56K | ||||