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: 3/1/2022ACC: 0001312109-22-000053

InsiderREYNOLDS BENCIK 1757679

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP

Since Nov 2019

-125.00

Net shares

Net seller

$15.1K

Total sold

0

Open market trades

0B · 0S

3

Total transactions

359.00 acquired · 484.00 disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

Shares

+359.00

Price / share

—

Trade value

—

% of position

17.6%

2/26/2022

2.04K→2.40K

Class A Common Stock

Direct

F · Tax Withholding

Shares

−125.00

Price / share

$120.49

Trade value

$15.06K

% of position

5.2%

2/26/2022

2.40K→2.27K

Total

Net shares

+234.00

Net value

-$15.06K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/26/2022	M · Option Exercise	+359.00	—	—	17.6%	2.04K	2.40K
Class A Common Stock Direct	2/26/2022	F · Tax Withholding	−125.00	$120.49	$15.06K	5.2%	2.40K	2.27K
Total			+234.00		-$15.06K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

359.00 shares

Shares

−359.00

Strike price

Held after

718.00

Exercisable

—

2/26/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock359.00 shares	2/26/2022	M · Option Exercise	−359.00		—	718.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.80K

Shares owned

1.80K

Exercise price

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

4.17K

Shares owned

4.17K

Exercise price

110.84

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

3.43K

Shares owned

3.43K

Exercise price

16.09

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

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.16K

Shares owned

1.16K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

17.08K

Owned

17.08K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	1.80K	1.80K
Non-Qualified Stock Options Direct	Class A Common Stock	110.84	—	—	4.17K	4.17K
Restricted Stock Units Direct	Class A Common Stock		—	—	3.92K	3.92K
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	3.43K	3.43K
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	2.60K	2.60K
Restricted Stock Units Direct	Class A Common Stock		—	—	1.16K	1.16K
Total					17.08K	17.08K

REYNOLDS BEN — Insider Transaction (Form 4) Filed Mar 1, 2022 | Finecho