EISELE DEREK J. (Vice Chairman and EVP) sold 61.3% of their position (17.78K shares) of SILVERGATE CAPITAL CORP on the open market

Open‑market sale worth $2.27M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 6 sales

EISELE DEREK J.

Filed: 3/11/2021ACC: 0001312109-21-000061

InsiderEISELE DEREK J.CIK 1757644

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

DirectorOfficer· Vice Chairman and EVP

Since Nov 2019

-17.78K

Net shares

Net seller

$2.27M

Total sold

Open market trades

0B · 6S

Total transactions

40.24K acquired · 58.02K disposed

Non-Derivative Transactions10

Class A Common Stock

Direct

M · Option Exercise

+15.71K

Price / share

$4.09

Trade value

$64.24K

% of position

New position

3/11/2021

0.00→15.71K

Class A Common Stock

Direct

S · Sale

−2.58K

Price / share

$126.52

Trade value

$326.68K

% of position

16.4%

3/11/2021

15.71K→13.12K

Class A Common Stock

Direct

S · Sale

−4.74K

Price / share

$127.50

Trade value

$604.84K

% of position

36.1%

3/11/2021

13.12K→8.38K

Class A Common Stock

Direct

S · Sale

−3.57K

Price / share

$128.44

Trade value

$459.05K

% of position

42.6%

3/11/2021

8.38K→4.81K

Class A Common Stock

Direct

S · Sale

−200.00

Price / share

$129.15

Trade value

$25.83K

% of position

4.2%

3/11/2021

4.81K→4.61K

Class A Common Stock

Direct

M · Option Exercise

+13.30K

Price / share

$4.09

Trade value

$54.41K

% of position

288.8%

3/11/2021

4.61K→17.91K

Class A Common Stock

Direct

S · Sale

−3.90K

Price / share

$127.93

Trade value

$498.54K

% of position

21.8%

3/11/2021

17.91K→14.01K

Class A Common Stock

Direct

S · Sale

−2.79K

Price / share

$128.78

Trade value

$358.78K

% of position

19.9%

3/11/2021

14.01K→11.23K

Class A Common Stock

Direct

G · Gift

−11.23K

Price / share

—

Trade value

—

% of position

New position

3/11/2021

11.23K→0.00

Class A Common Stock

Indirect

G · Gift

+11.23K

Price / share

—

Trade value

—

% of position

10.2%

3/11/2021

109.97K→121.20K

Total

Net shares

+11.23K

Net value

-$2.16M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	3/11/2021	M · Option Exercise	+15.71K	$4.09	$64.24K	New position	0.00	15.71K
Class A Common Stock Direct	3/11/2021	S · Sale	−2.58K	$126.52	$326.68K	16.4%	15.71K	13.12K
Class A Common Stock Direct	3/11/2021	S · Sale	−4.74K	$127.50	$604.84K	36.1%	13.12K	8.38K
Class A Common Stock Direct	3/11/2021	S · Sale	−3.57K	$128.44	$459.05K	42.6%	8.38K	4.81K
Class A Common Stock Direct	3/11/2021	S · Sale	−200.00	$129.15	$25.83K	4.2%	4.81K	4.61K
Class A Common Stock Direct	3/11/2021	M · Option Exercise	+13.30K	$4.09	$54.41K	288.8%	4.61K	17.91K
Class A Common Stock Direct	3/11/2021	S · Sale	−3.90K	$127.93	$498.54K	21.8%	17.91K	14.01K
Class A Common Stock Direct	3/11/2021	S · Sale	−2.79K	$128.78	$358.78K	19.9%	14.01K	11.23K
Class A Common Stock Direct	3/11/2021	G · Gift	−11.23K	—	—	New position	11.23K	0.00
Class A Common Stock Indirect	3/11/2021	G · Gift	+11.23K	—	—	10.2%	109.97K	121.20K
Total			+11.23K		-$2.16M

Derivative Transactions1

Non-Qualified Stock Options

Direct

M · Option Exercise

Converts to

Class A Common Stock

29.01K shares

−29.01K

Strike price

4.09

Held after

0.00

Exercisable

—

3/11/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Options Direct	Class A Common Stock29.01K shares	3/11/2021	M · Option Exercise	−29.01K	4.09	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

755.00

Shares owned

755.00

Exercise price

127.56

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

40K

Shares owned

40K

Exercise price

4.42

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

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

313.00

Shares owned

313.00

Exercise price

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

30K

Shares owned

30K

Exercise price

5.64

Expiration

—

Exercise window

—

Total

Underlying

84.52K

Owned

84.52K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	755.00	755.00
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	10.72K	10.72K
Non-Qualified Stock Options Direct	Class A Common Stock	4.42	—	—	40K	40K
Restricted Stock Units Direct	Class A Common Stock		—	—	2.73K	2.73K
Restricted Stock Units Direct	Class A Common Stock		—	—	313.00	313.00
Non-Qualified Stock Options Direct	Class A Common Stock	5.64	—	—	30K	30K
Total					84.52K	84.52K