LANE ALAN J (President and CEO) exercised options at SILVERGATE CAPITAL CORP

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

M · 1 exercise

LANE ALAN J

Filed: 11/23/2021ACC: 0001312109-21-000275

InsiderLANE ALAN JCIK 1232737

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

DirectorOfficer· President and CEO

Since Nov 2019

-1.38K

Net shares

Net seller

$302.2K

Total sold

Open market trades

0B · 0S

Total transactions

2.77K acquired · 4.15K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+2.77K

Price / share

—

Trade value

—

% of position

25.0%

11/19/2021

11.11K→13.89K

Class A Common Stock

Direct

F · Tax Withholding

−1.38K

Price / share

$219.75

Trade value

$302.16K

% of position

9.9%

11/19/2021

13.89K→12.51K

Total

Net shares

+1.40K

Net value

-$302.16K

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	+2.77K	—	—	25.0%	11.11K	13.89K
Class A Common Stock Direct	11/19/2021	F · Tax Withholding	−1.38K	$219.75	$302.16K	9.9%	13.89K	12.51K
Total			+1.40K		-$302.16K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.77K shares

−2.77K

Strike price

Held after

5.55K

Exercisable

—

11/19/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock2.77K shares	11/19/2021	M · Option Exercise	−2.77K		—	5.55K

Non-Derivative Holdings (Post-Transaction)3

Class A Common Stock

Indirect

Shares owned140.72K

Class A Common Stock

Indirect

Shares owned88.27K

Class A Common Stock

Indirect

Shares owned1.76K

Total

230.75K indirect230.75K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	140.72K	Indirect
Class A Common Stock	88.27K	Indirect
Class A Common Stock	1.76K	Indirect
Total	230.75K	230.75K indirect

Derivative Holdings (Post-Transaction)3

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.25K

Shares owned

3.25K

Exercise price

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

7.84K

Shares owned

7.84K

Exercise price

127.56

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

32.63K

Shares owned

32.63K

Exercise price

16.09

Expiration

—

Exercise window

—

Total

Underlying

43.72K

Owned

43.72K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	3.25K	3.25K
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	7.84K	7.84K
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	32.63K	32.63K
Total					43.72K	43.72K