Paik Son-Jai 4
4 · Silvergate Capital Corp · Filed Mar 1, 2021
Insider Transaction Report
Form 4
Paik Son-Jai
EVP & Chief HR Officer
Transactions
- Award
Non-Qualified Stock Options
2021-02-26+1,731→ 1,731 totalExercise: $127.56Exp: 2031-02-26→ Class A Common Stock (1,731 underlying) - Award
Restricted Stock Units
2021-02-26+718→ 718 total→ Class A Common Stock (718 underlying)
Holdings
- 168.015(indirect: By 401(k))
Class A Common Stock
- 11,110(indirect: By 401(k))
Class A Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F2]The restricted stock units vest in three equal annual installments beginning on February 26, 2022. Vested shares will be delivered within thirty days following the vesting of the restricted stock units, when, subject to any trading restriction, the reporting person will receive the number of Class A Common Stock shares that corresponds to the number of restricted stock units that have become vested on the applicable vesting date, less any shares withheld to satisfy federal, state, and local taxes of any kind.
- [F3]The option becomes exercisable in three annual installments beginning February 26, 2022.