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: 11/22/2022ACC: 0001312109-22-000224

InsiderREYNOLDS BENCIK 1757679

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP

Since Nov 2019

-202.00

Net shares

Net seller

$5.0K

Total sold

0

Open market trades

0B · 0S

3

Total transactions

582.00 acquired · 784.00 disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

Shares

+582.00

Price / share

—

Trade value

—

% of position

25.6%

11/19/2022

2.27K→2.86K

Class A Common Stock

Direct

F · Tax Withholding

Shares

−202.00

Price / share

$24.90

Trade value

$5.03K

% of position

7.1%

11/19/2022

2.86K→2.65K

Total

Net shares

+380.00

Net value

-$5.03K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/19/2022	M · Option Exercise	+582.00	—	—	25.6%	2.27K	2.86K
Class A Common Stock Direct	11/19/2022	F · Tax Withholding	−202.00	$24.90	$5.03K	7.1%	2.86K	2.65K
Total			+380.00		-$5.03K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

582.00 shares

Shares

−582.00

Strike price

Held after

582.00

Exercisable

—

11/19/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock582.00 shares	11/19/2022	M · Option Exercise	−582.00		—	582.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

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

1.80K

Shares owned

582.00

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

718.00

Shares owned

718.00

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

—

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

—

Total

Underlying

16.63K

Owned

15.41K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	2.60K	2.60K
Restricted Stock Units Direct	Class A Common Stock		—	—	1.80K	582.00
Restricted Stock Units Direct	Class A Common Stock		—	—	3.92K	3.92K
Restricted Stock Units Direct	Class A Common Stock		—	—	718.00	718.00
Non-Qualified Stock Options Direct	Class A Common Stock	110.84	—	—	4.17K	4.17K
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	3.43K	3.43K
Total					16.63K	15.41K

REYNOLDS BEN — Insider Transaction (Form 4) Filed Nov 22, 2022 | Finecho