FRAHER KATHLEEN (EVP & COO) exercised options at SILVERGATE CAPITAL CORP

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

M · 1 exercise

FRAHER KATHLEEN

Filed: 11/20/2020ACC: 0001312109-20-000178

InsiderFRAHER KATHLEENCIK 1758346

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP & COO

Since Nov 2019

-416.00

Net shares

Net seller

$12.8K

Total sold

Open market trades

0B · 0S

Total transactions

1.20K acquired · 1.62K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+1.20K

Price / share

—

Trade value

—

% of position

New position

11/19/2020

0.00→1.20K

Class A Common Stock

Direct

F · Tax Withholding

−416.00

Price / share

$30.87

Trade value

$12.84K

% of position

34.6%

11/19/2020

1.20K→787.00

Total

Net shares

+787.00

Net value

-$12.84K

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	+1.20K	—	—	New position	0.00	1.20K
Class A Common Stock Direct	11/19/2020	F · Tax Withholding	−416.00	$30.87	$12.84K	34.6%	1.20K	787.00
Total			+787.00		-$12.84K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

1.20K shares

−1.20K

Strike price

Held after

3.61K

Exercisable

—

11/19/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock1.20K shares	11/19/2020	M · Option Exercise	−1.20K		—	3.61K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

14.15K

Shares owned

14.15K

Exercise price

16.09

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

35K

Shares owned

35K

Exercise price

12.0

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

Shares owned

Exercise price

4.09

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

5.98

Expiration

—

Exercise window

—

Total

Underlying

64.16K

Owned

64.16K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	14.15K	14.15K
Non-Qualified Stock Options Direct	Class A Common Stock	12.0	—	—	35K	35K
Non-Qualified Stock Options Direct	Class A Common Stock	4.09	—	—	5K	5K
Non-Qualified Stock Options Direct	Class A Common Stock	5.98	—	—	10K	10K
Total					64.16K	64.16K