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Reynolds Ben's Form 4 filing

Silvergate Capital Corp (SICP) · filed Aug 6, 2021

Accession no.
0001312109-21-000186
Filed
Aug 6, 2021
Trade date
Aug 4, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 7 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.22M. It was filed 2 days after the trade.

This filing was later replaced by the amendment 0001312109-21-000259 (Nov 8, 2021). Trade tables on this site use the amended version.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Reynolds BenCIK 0001757679Officer (Chief Strategy Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 4, 2021Class A Common StockMOption exerciseAcquired+10,000$12.00+$120,00014,748Direct
Aug 4, 2021Class A Common StockSSaleDisposed−1,600$102.72F1−$164,35213,148Direct
Aug 4, 2021Class A Common StockSSaleDisposed−3,000$103.44F2−$310,32010,148Direct
Aug 4, 2021Class A Common StockSSaleDisposed−400$104.38F3−$41,7529,748Direct
Aug 4, 2021Class A Common StockSSaleDisposed−2,363$103.59F4−$244,783.177,385Direct
Aug 4, 2021Class A Common StockSSaleDisposed−1,900$104.75F5−$199,0255,485Direct
Aug 4, 2021Class A Common StockSSaleDisposed−2,451$105.47F6−$258,506.973,034Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 4, 2021Class A Common StockMOption exerciseDisposed−10,000$12.00−$120,0000Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

This transaction was executed in multiple trades at prices ranging from $102.09 to $103.07. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F2

This transaction was executed in multiple trades at prices ranging from $103.10 to $104.065. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F3

This transaction was executed in multiple trades at prices ranging from $104.17 to $104.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F4

This transaction was executed in multiple trades at prices ranging from $103.10 to $104.09. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F5

This transaction was executed in multiple trades at prices ranging from $104.16 to $105.11. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F6

This transaction was executed in multiple trades at prices ranging from $105.21 to $105.83. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)