REYNOLDS BEN (EVP) sold 79.4% of their position (11.71K shares) of SILVERGATE CAPITAL CORP on the open market

Open‑market sale worth $1.22M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 6 sales

REYNOLDS BEN

Filed: 8/6/2021ACC: 0001312109-21-000186

InsiderREYNOLDS BENCIK 1757679

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP

Since Nov 2019

-11.71K

Net shares

Net seller

$1.22M

Total sold

Open market trades

0B · 6S

Total transactions

10K acquired · 21.71K disposed

Non-Derivative Transactions7

Class A Common Stock

Direct

M · Option Exercise

+10K

Price / share

$12.00

Trade value

$120K

% of position

210.6%

8/4/2021

4.75K→14.75K

Class A Common Stock

Direct

S · Sale

−1.60K

Price / share

$102.72

Trade value

$164.36K

% of position

10.8%

8/4/2021

14.75K→13.15K

Class A Common Stock

Direct

S · Sale

−3K

Price / share

$103.44

Trade value

$310.33K

% of position

22.8%

8/4/2021

13.15K→10.15K

Class A Common Stock

Direct

S · Sale

−400.00

Price / share

$104.38

Trade value

$41.75K

% of position

3.9%

8/4/2021

10.15K→9.75K

Class A Common Stock

Direct

S · Sale

−2.36K

Price / share

$103.59

Trade value

$244.79K

% of position

24.2%

8/4/2021

9.75K→7.38K

Class A Common Stock

Direct

S · Sale

−1.90K

Price / share

$104.75

Trade value

$199.02K

% of position

25.7%

8/4/2021

7.38K→5.49K

Class A Common Stock

Direct

S · Sale

−2.45K

Price / share

$105.47

Trade value

$258.50K

% of position

44.7%

8/4/2021

5.49K→3.03K

Total

Net shares

−1.71K

Net value

-$1.10M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	8/4/2021	M · Option Exercise	+10K	$12.00	$120K	210.6%	4.75K	14.75K
Class A Common Stock Direct	8/4/2021	S · Sale	−1.60K	$102.72	$164.36K	10.8%	14.75K	13.15K
Class A Common Stock Direct	8/4/2021	S · Sale	−3K	$103.44	$310.33K	22.8%	13.15K	10.15K
Class A Common Stock Direct	8/4/2021	S · Sale	−400.00	$104.38	$41.75K	3.9%	10.15K	9.75K
Class A Common Stock Direct	8/4/2021	S · Sale	−2.36K	$103.59	$244.79K	24.2%	9.75K	7.38K
Class A Common Stock Direct	8/4/2021	S · Sale	−1.90K	$104.75	$199.02K	25.7%	7.38K	5.49K
Class A Common Stock Direct	8/4/2021	S · Sale	−2.45K	$105.47	$258.50K	44.7%	5.49K	3.03K
Total			−1.71K		-$1.10M

Derivative Transactions1

Non-Qualified Stock Options

Direct

M · Option Exercise

Converts to

Class A Common Stock

10K shares

−10K

Strike price

12.0

Held after

0.00

Exercisable

—

8/4/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Options Direct	Class A Common Stock10K shares	8/4/2021	M · Option Exercise	−10K	12.0	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)5

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.75K

Shares owned

1.75K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.92K

Shares owned

3.92K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.92K

Shares owned

3.92K

Exercise price

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

2.60K

Shares owned

2.60K

Exercise price

127.56

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

6.85K

Shares owned

6.85K

Exercise price

16.09

Expiration

—

Exercise window

—

Total

Underlying

19.03K

Owned

19.03K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	1.75K	1.75K
Restricted Stock Units Direct	Class A Common Stock		—	—	3.92K	3.92K
Restricted Stock Units Direct	Class A Common Stock		—	—	3.92K	3.92K
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	2.60K	2.60K
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	6.85K	6.85K
Total					19.03K	19.03K