Reynolds Ben's Form 4/A amendment
AmendedSilvergate Capital Corp (SICP) · filed Nov 10, 2021
- Accession no.
- 0001312109-21-000270
- Filed
- Nov 10, 2021
- Trade date
- Nov 5, 2021
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Nov 8, 2021
This filing lists 1 non-derivative transaction. Open-market sales total $660.0K. It was filed 5 days after the trade.
This amendment replaces 0001312109-21-000260 (filed Nov 8, 2021).
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.
| Owner | Relationship to the company |
|---|---|
| Reynolds BenCIK 0001757679 | Officer (Chief Strategy Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 5, 2021 | Class A Common Stock | SSaleDisposed | −3,000 | $220.00 | −$660,000 | 1,748 | Direct |
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
The original Form 4 filed on November 8, 2021 incorrectly listed this amount of Class A Common Stock as 34.
- F2
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F3
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.
- F4
The option becomes exercisable in three annual installments beginning February 26, 2022.
- F5
The restricted stock units vest in two equal installments, on February 26, 2024, and February 26, 2025. 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 ordinary shares that corresponds to the number of restricted stock units that have become vested on the applicable vesting date.
- F6
The restricted stock units vest in four equal annual installments beginning on November 19, 2020. 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 ordinary 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, local and foreign taxes of any kind.
- F7
The option becomes exercisable in four equal annual installments beginning November 19, 2020.