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