EISELE DEREK J. (Vice Chairman and EVP) sold 2.15K shares of SILVERGATE CAPITAL CORP on the open market

Open‑market sale worth $305.4K. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 4 sales

EISELE DEREK J.

Filed: 2/26/2021ACC: 0001312109-21-000036

InsiderEISELE DEREK J.CIK 1757644

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IssuerSILVERGATE CAPITAL CORPCIK 1312109

DirectorOfficer· Vice Chairman and EVP

Since Nov 2019

-2.15K

Net shares

Net seller

$305.4K

Total sold

Open market trades

0B · 4S

Total transactions

2.15K acquired · 4.31K disposed

Non-Derivative Transactions5

Class A Common Stock

Direct

M · Option Exercise

+2.15K

Price / share

$4.09

Trade value

$8.81K

% of position

New position

2/25/2021

0.00→2.15K

Class A Common Stock

Direct

S · Sale

−893.00

Price / share

$140.46

Trade value

$125.43K

% of position

41.5%

2/25/2021

2.15K→1.26K

Class A Common Stock

Direct

S · Sale

−207.00

Price / share

$141.39

Trade value

$29.27K

% of position

16.4%

2/25/2021

1.26K→1.05K

Class A Common Stock

Direct

S · Sale

−900.00

Price / share

$142.83

Trade value

$128.55K

% of position

85.4%

2/25/2021

1.05K→154.00

Class A Common Stock

Direct

S · Sale

−154.00

Price / share

$143.91

Trade value

$22.16K

% of position

New position

2/25/2021

154.00→0.00

Total

Net shares

+0.00

Net value

-$296.59K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/25/2021	M · Option Exercise	+2.15K	$4.09	$8.81K	New position	0.00	2.15K
Class A Common Stock Direct	2/25/2021	S · Sale	−893.00	$140.46	$125.43K	41.5%	2.15K	1.26K
Class A Common Stock Direct	2/25/2021	S · Sale	−207.00	$141.39	$29.27K	16.4%	1.26K	1.05K
Class A Common Stock Direct	2/25/2021	S · Sale	−900.00	$142.83	$128.55K	85.4%	1.05K	154.00
Class A Common Stock Direct	2/25/2021	S · Sale	−154.00	$143.91	$22.16K	New position	154.00	0.00
Total			+0.00		-$296.59K

Derivative Transactions1

Non-Qualified Stock Options

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.15K shares

−2.15K

Strike price

4.09

Held after

29.01K

Exercisable

—

2/25/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Options Direct	Class A Common Stock2.15K shares	2/25/2021	M · Option Exercise	−2.15K	4.09	—	29.01K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned109.97K

Total

109.97K indirect109.97K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	109.97K	Indirect
Total	109.97K	109.97K 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

40K

Shares owned

40K

Exercise price

4.42

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

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.73K

Shares owned

2.73K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

83.45K

Owned

83.45K

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	4.42	—	—	40K	40K
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	10.72K	10.72K
Restricted Stock Units Direct	Class A Common Stock		—	—	2.73K	2.73K
Total					83.45K	83.45K