EISELE DEREK J. (Vice Chairman and EVP) exercised options at SILVERGATE CAPITAL CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

EISELE DEREK J.

Filed: 11/20/2020ACC: 0001312109-20-000179

InsiderEISELE DEREK J.CIK 1757644

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

DirectorOfficer· Vice Chairman and EVP

Since Nov 2019

-316.00

Net shares

Net seller

$9.8K

Total sold

Open market trades

0B · 0S

Total transactions

911.00 acquired · 1.23K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+911.00

Price / share

—

Trade value

—

% of position

New position

11/19/2020

0.00→911.00

Class A Common Stock

Direct

F · Tax Withholding

−316.00

Price / share

$30.87

Trade value

$9.75K

% of position

34.7%

11/19/2020

911.00→595.00

Total

Net shares

+595.00

Net value

-$9.75K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/19/2020	M · Option Exercise	+911.00	—	—	New position	0.00	911.00
Class A Common Stock Direct	11/19/2020	F · Tax Withholding	−316.00	$30.87	$9.75K	34.7%	911.00	595.00
Total			+595.00		-$9.75K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

911.00 shares

−911.00

Strike price

Held after

2.73K

Exercisable

—

11/19/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock911.00 shares	11/19/2020	M · Option Exercise	−911.00		—	2.73K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned114.97K

Total

114.97K indirect114.97K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	114.97K	Indirect
Total	114.97K	114.97K indirect

Derivative Holdings (Post-Transaction)4

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

30K

Shares owned

30K

Exercise price

5.64

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

10.72K

Shares owned

10.72K

Exercise price

16.09

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

60K

Shares owned

60K

Exercise price

4.09

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

40K

Shares owned

40K

Exercise price

4.42

Expiration

—

Exercise window

—

Total

Underlying

140.72K

Owned

140.72K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Non-Qualified Stock Options Direct	Class A Common Stock	5.64	—	—	30K	30K
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	10.72K	10.72K
Non-Qualified Stock Options Direct	Class A Common Stock	4.09	—	—	60K	60K
Non-Qualified Stock Options Direct	Class A Common Stock	4.42	—	—	40K	40K
Total					140.72K	140.72K