REYNOLDS BEN

PrivateCIK: 1757679

Location

LA JOLLA, CA

REYNOLDS BEN (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

REYNOLDS BEN

Filed: 11/23/2021ACC: 0001312109-21-000279

InsiderREYNOLDS BENCIK 1757679

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP

Since Nov 2019

-290.00

Net shares

Net seller

$63.7K

Total sold

0

Open market trades

0B · 0S

3

Total transactions

583.00 acquired · 873.00 disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

Shares

+583.00

Price / share

—

Trade value

—

% of position

33.4%

11/19/2021

1.75K→2.33K

Class A Common Stock

Direct

F · Tax Withholding

Shares

−290.00

Price / share

$219.75

Trade value

$63.73K

% of position

12.4%

11/19/2021

2.33K→2.04K

Total

Net shares

+293.00

Net value

-$63.73K

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	+583.00	—	—	33.4%	1.75K	2.33K
Class A Common Stock Direct	11/19/2021	F · Tax Withholding	−290.00	$219.75	$63.73K	12.4%	2.33K	2.04K
Total			+293.00		-$63.73K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

583.00 shares

Shares

−583.00

Strike price

Held after

1.16K

Exercisable

—

11/19/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock583.00 shares	11/19/2021	M · Option Exercise	−583.00		—	1.16K

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

1.08K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.92K

Shares owned

1.16K

Exercise price

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

6.85K

Shares owned

5.14K

Exercise price

16.09

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.92K

Shares owned

1.16K

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

—

Total

Underlying

19.03K

Owned

11.14K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	1.75K	1.08K
Restricted Stock Units Direct	Class A Common Stock		—	—	3.92K	1.16K
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	6.85K	5.14K
Restricted Stock Units Direct	Class A Common Stock		—	—	3.92K	1.16K
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	2.60K	2.60K
Total					19.03K	11.14K

REYNOLDS BEN — Insider Transaction (Form 4) Filed Nov 23, 2021 | Finecho