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: 11/23/2021ACC: 0001312109-21-000281

InsiderEISELE DEREK J.CIK 1757644

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

DirectorOfficer· Vice Chairman and EVP

Since Nov 2019

-452.00

Net shares

Net seller

$99.3K

Total sold

Open market trades

0B · 0S

Total transactions

911.00 acquired · 1.36K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+911.00

Price / share

—

Trade value

—

% of position

New position

11/19/2021

0.00→911.00

Class A Common Stock

Direct

F · Tax Withholding

−452.00

Price / share

$219.75

Trade value

$99.33K

% of position

49.6%

11/19/2021

911.00→459.00

Total

Net shares

+459.00

Net value

-$99.33K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/19/2021	M · Option Exercise	+911.00	—	—	New position	0.00	911.00
Class A Common Stock Direct	11/19/2021	F · Tax Withholding	−452.00	$219.75	$99.33K	49.6%	911.00	459.00
Total			+459.00		-$99.33K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

911.00 shares

−911.00

Strike price

Held after

1.82K

Exercisable

—

11/19/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock911.00 shares	11/19/2021	M · Option Exercise	−911.00		—	1.82K

Non-Derivative Holdings (Post-Transaction)3

Class A Common Stock

Indirect

Shares owned103.70K

Class A Common Stock

Indirect

Shares owned75.10K

Class A Common Stock

Indirect

Shares owned277.00

Total

179.07K indirect179.07K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	103.70K	Indirect
Class A Common Stock	75.10K	Indirect
Class A Common Stock	277.00	Indirect
Total	179.07K	179.07K indirect

Derivative Holdings (Post-Transaction)4

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

—

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

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

30K

Shares owned

30K

Exercise price

5.64

Expiration

—

Exercise window

—

Total

Underlying

41.78K

Owned

41.78K

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
Restricted Stock Units Direct	Class A Common Stock		—	—	313.00	313.00
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	10.72K	10.72K
Non-Qualified Stock Options Direct	Class A Common Stock	5.64	—	—	30K	30K
Total					41.78K	41.78K