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 · 4 exercises

FRAHER KATHLEEN

Filed: 11/25/2020ACC: 0001312109-20-000188

InsiderFRAHER KATHLEENCIK 1758346

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP & COO

Since Nov 2019

-24.93K

Net shares

Net seller

$858.0K

Total sold

Open market trades

0B · 0S

Total transactions

44.79K acquired · 69.72K disposed

Non-Derivative Transactions8

Class A Common Stock

Direct

M · Option Exercise

+5K

Price / share

$4.09

Trade value

$20.45K

% of position

635.3%

11/24/2020

787.00→5.79K

Class A Common Stock

Direct

F · Tax Withholding

−2.12K

Price / share

$34.42

Trade value

$72.90K

% of position

36.6%

11/24/2020

5.79K→3.67K

Class A Common Stock

Direct

M · Option Exercise

+10K

Price / share

$5.98

Trade value

$59.80K

% of position

272.6%

11/24/2020

3.67K→13.67K

Class A Common Stock

Direct

F · Tax Withholding

−4.59K

Price / share

$34.42

Trade value

$158.16K

% of position

33.6%

11/24/2020

13.67K→9.07K

Class A Common Stock

Direct

M · Option Exercise

+26.25K

Price / share

$12.00

Trade value

$315K

% of position

289.3%

11/24/2020

9.07K→35.32K

Class A Common Stock

Direct

F · Tax Withholding

−15.61K

Price / share

$34.42

Trade value

$537.33K

% of position

44.2%

11/24/2020

35.32K→19.71K

Class A Common Stock

Direct

M · Option Exercise

+3.54K

Price / share

$16.09

Trade value

$56.94K

% of position

18.0%

11/24/2020

19.71K→23.25K

Class A Common Stock

Direct

F · Tax Withholding

−2.60K

Price / share

$34.42

Trade value

$89.60K

% of position

11.2%

11/24/2020

23.25K→20.65K

Total

Net shares

+19.86K

Net value

-$405.79K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/24/2020	M · Option Exercise	+5K	$4.09	$20.45K	635.3%	787.00	5.79K
Class A Common Stock Direct	11/24/2020	F · Tax Withholding	−2.12K	$34.42	$72.90K	36.6%	5.79K	3.67K
Class A Common Stock Direct	11/24/2020	M · Option Exercise	+10K	$5.98	$59.80K	272.6%	3.67K	13.67K
Class A Common Stock Direct	11/24/2020	F · Tax Withholding	−4.59K	$34.42	$158.16K	33.6%	13.67K	9.07K
Class A Common Stock Direct	11/24/2020	M · Option Exercise	+26.25K	$12.00	$315K	289.3%	9.07K	35.32K
Class A Common Stock Direct	11/24/2020	F · Tax Withholding	−15.61K	$34.42	$537.33K	44.2%	35.32K	19.71K
Class A Common Stock Direct	11/24/2020	M · Option Exercise	+3.54K	$16.09	$56.94K	18.0%	19.71K	23.25K
Class A Common Stock Direct	11/24/2020	F · Tax Withholding	−2.60K	$34.42	$89.60K	11.2%	23.25K	20.65K
Total			+19.86K		-$405.79K

Derivative Transactions4

Non-Qualified Stock Options

Direct

M · Option Exercise

Converts to

Class A Common Stock

5K shares

−5K

Strike price

4.09

Held after

0.00

Exercisable

—

11/24/2020

Non-Qualified Stock Options

Direct

M · Option Exercise

Converts to

Class A Common Stock

10K shares

−10K

Strike price

5.98

Held after

0.00

Exercisable

—

11/24/2020

Non-Qualified Stock Options

Direct

M · Option Exercise

Converts to

Class A Common Stock

26.25K shares

−26.25K

Strike price

12.0

Held after

8.75K

Exercisable

—

11/24/2020

Non-Qualified Stock Options

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.54K shares

−3.54K

Strike price

16.09

Held after

10.62K

Exercisable

—

11/24/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Options Direct	Class A Common Stock5K shares	11/24/2020	M · Option Exercise	−5K	4.09	—	0.00
Non-Qualified Stock Options Direct	Class A Common Stock10K shares	11/24/2020	M · Option Exercise	−10K	5.98	—	0.00
Non-Qualified Stock Options Direct	Class A Common Stock26.25K shares	11/24/2020	M · Option Exercise	−26.25K	12.0	—	8.75K
Non-Qualified Stock Options Direct	Class A Common Stock3.54K shares	11/24/2020	M · Option Exercise	−3.54K	16.09	—	10.62K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.61K

Shares owned

3.61K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

3.61K

Owned

3.61K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	3.61K	3.61K
Total					3.61K	3.61K