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: 1/11/2021ACC: 0001312109-21-000002
Director
Since Nov 2019
-10.99K
Net shares
Net seller
$809.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
27.50K acquired · 38.49K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+27.50K
Price / share
$4.09
Trade value
$112.47K
% of position
169.4%
1/8/2021
16.23K→43.73K
Class A Common Stock
Direct
Shares
−10.99K
Price / share
$73.64
Trade value
$809.23K
% of position
25.1%
1/8/2021
43.73K→32.74K
Total
Net shares
+16.51K
Net value
-$696.75K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 1/8/2021 | M · Option Exercise | +27.50K | $4.09 | $112.47K | 169.4% | 16.23K | 43.73K |
| Class A Common Stock Direct | 1/8/2021 | F · Tax Withholding | −10.99K | $73.64 | $809.23K | 25.1% | 43.73K | 32.74K |
| Total | +16.51K | -$696.75K | ||||||
Derivative Transactions1
Non-Qualified Stock Options
Direct
Converts to
Class A Common Stock
27.50K shares
Shares
−27.50K
Strike price
4.09
Held after
0.00
Exercisable
—
1/8/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options Direct | Class A Common Stock27.50K shares | 1/8/2021 | M · Option Exercise | −27.50K | 4.09 | — | 0.00 |
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
2.06K
Shares owned
2.06K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
2.06K
Owned
2.06K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock | — | — | 2.06K | 2.06K | |
| Total | 2.06K | 2.06K | ||||