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: 2/28/2023ACC: 0001312109-23-000049

InsiderREYNOLDS BENCIK 1757679

→

IssuerSILVERGATE CAPITAL CORPCIK 1312109

Officer· EVP

Since Nov 2019

-147.00

Net shares

Net seller

$2.1K

Total sold

0

Open market trades

0B · 0S

3

Total transactions

359.00 acquired · 506.00 disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

Shares

+359.00

Price / share

—

Trade value

—

% of position

11.9%

2/26/2023

3.01K→3.37K

Class A Common Stock

Direct

F · Tax Withholding

Shares

−147.00

Price / share

$14.33

Trade value

$2.11K

% of position

4.4%

2/26/2023

3.37K→3.22K

Total

Net shares

+212.00

Net value

-$2.11K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/26/2023	M · Option Exercise	+359.00	—	—	11.9%	3.01K	3.37K
Class A Common Stock Direct	2/26/2023	F · Tax Withholding	−147.00	$14.33	$2.11K	4.4%	3.37K	3.22K
Total			+212.00		-$2.11K

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

359.00

Exercisable

—

2/26/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock359.00 shares	2/26/2023	M · Option Exercise	−359.00		—	359.00

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

3.92K

Shares owned

3.92K

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

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

582.00

Shares owned

582.00

Exercise price

Expiration

—

Exercise window

—

Non-Qualified Stock Options

Direct

Underlying security

Class A Common Stock

Underlying shares

5.14K

Shares owned

5.14K

Exercise price

16.09

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.20K

Shares owned

1.20K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

17.61K

Owned

17.61K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	3.92K	3.92K
Non-Qualified Stock Options Direct	Class A Common Stock	110.84	—	—	4.17K	4.17K
Non-Qualified Stock Options Direct	Class A Common Stock	127.56	—	—	2.60K	2.60K
Restricted Stock Units Direct	Class A Common Stock		—	—	582.00	582.00
Non-Qualified Stock Options Direct	Class A Common Stock	16.09	—	—	5.14K	5.14K
Restricted Stock Units Direct	Class A Common Stock		—	—	1.20K	1.20K
Total					17.61K	17.61K

REYNOLDS BEN — Insider Transaction (Form 4) Filed Feb 28, 2023 | Finecho