0001312109-23-000065.txt : 20230329 0001312109-23-000065.hdr.sgml : 20230329 20230329184104 ACCESSION NUMBER: 0001312109-23-000065 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221119 FILED AS OF DATE: 20230329 DATE AS OF CHANGE: 20230329 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LANE ALAN J CENTRAL INDEX KEY: 0001232737 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-39123 FILM NUMBER: 23776660 MAIL ADDRESS: STREET 1: 41090 AVENIDA VERDE CITY: TEMECULA STATE: CA ZIP: 92591 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Silvergate Capital Corp CENTRAL INDEX KEY: 0001312109 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4250 EXECUTIVE SQUARE STE 300 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: (858) 362-6300 MAIL ADDRESS: STREET 1: 4250 EXECUTIVE SQUARE STE 300 CITY: LA JOLLA STATE: CA ZIP: 92037 4/A 1 wf-form4a_168012964858896.xml FORM 4/A X0407 4/A 2022-11-19 2022-11-22 0 0001312109 Silvergate Capital Corp SI 0001232737 LANE ALAN J 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037 1 1 0 0 Chief Executive Officer 0 Class A Common Stock 2022-11-19 4 M 0 2773 A 2773 D Class A Common Stock 2022-11-19 4 F 0 1375 24.90 D 1398 D Class A Common Stock 153945 I By Self and Spouse as Trustees of Lane Trust Class A Common Stock 88268 I By IRA Class A Common Stock 1757.8417 I By Employer 401(k) Plan Restricted Stock Units 2022-11-19 4 M 0 2773 0 D Class A Common Stock 2773.0 2773 D Restricted Stock Units Class A Common Stock 2169.0 3253 D Restricted Stock Units Class A Common Stock 5977.0 5977 D Non-Qualified Stock Options 16.09 2029-11-19 Class A Common Stock 16314.0 16314 D Non-Qualified Stock Options 127.56 2031-02-26 Class A Common Stock 7838.0 7838 D Non-Qualified Stock Options 110.84 2032-02-22 Class A Common Stock 13810.0 13810 D Restricted stock units convert into Class A Common Stock on a one-for-one basis. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. 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. 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. The restricted stock units vest in three equal annual installments beginning on February 22, 2023. 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. This amendment is being filed to correct the reporting person's holding of Non-Qualified Stock Options with an exercise price of $16.09 (the "Options") from the previously reported erroneous figure of 32,628 Options to the correct number of 16,314 Options (following an exercise of 16,314 Options on 7/21/22 as reported by the reporting person on a Form 4 filed on 7/22/22). This error was carried forward on two subsequent Form 4s filed on 2/24/23 and 2/28/23, as well as an omission of these Options from a Form 4/A filed on 8/10/22. The option becomes exercisable in four equal annual installments beginning November 18, 2020. The option becomes exercisable in three annual installments beginning February 26, 2022. The option becomes exercisable in three annual installments beginning February 22, 2023. See footnote 6 for an explanation of this amendment. /s/ John M. Bonino, as Attorney-in-Fact 2023-03-29