ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; ARRANGEMENTS OF CERTAIN OFFICERS.

On June 15, 2021, Silvergate Capital Corporation (the "Company"), the holding company for Silvergate Bank (the "Bank"), issued a press release announcing the appointments of Aanchal Gupta as a member of the boards (the "Boards") of the Company and the Bank, and Michael Lempres as chairman of both Boards.

Ms. Gupta is considered an independent director under the applicable Securities and Exchange Commission and New York Stock Exchange rules, will serve as a Class I director on the Company's Board, and will be subject to re-election at the Company's annual meeting of shareholders to be held in 2022. There are no arrangements or understandings between Ms. Gupta and any other person pursuant to which she was selected as director. Mr. Lempres has been a director of the Company and the Bank since September 2019. The Company's press release on these appointments is attached as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

At the Annual Meeting of Stockholders of Silvergate Capital Corporation (the "Company") held on June 11, 2021 (the "Annual Meeting"), certain matters were submitted to a vote of stockholders. These matters were submitted to a vote through the solicitation of proxies. Each of the proposals is described in further detail in the Company's Definitive Proxy Statement. Other than the two proposals addressed below and described in the Company's Definitive Proxy Statement, no other proposal was submitted at the Annual Meeting for stockholder action.

On the record date for the Annual Meeting, there were 24,819,968 shares of Company common stock issued, outstanding, and entitled to vote. Stockholders holding 18,520,711 shares of Company common stock were present at the annual meeting, in person or represented by proxy. Each of the two proposals that were voted on at the Annual Meeting were approved by the Company's stockholders.

The following tables summarize the results of voting with respect to each matter:

Proposal 1: The three director nominees named in the Company's Definitive Proxy Statement were elected to serve until the 2024 annual meeting of stockholders and until their successors are elected and qualified.



                                             Number of Shares Voted
Class III Director Nominees       For        Against    Abstain    Broker Non-Votes
Paul D. Colucci                12,183,482   2,902,009   26,494          3,408,726
Thomas C. Dircks               9,516,908    5,568,772   26,305          3,408,726
Colleen Sullivan               14,809,423    276,576    25,986          3,408,726

Proposal 2: The appointment of Crowe LLP as the Company's independent public accounting firm for fiscal year 2021 was ratified.



              Number of Shares Voted
    For       Against   Abstain   Broker Non-Votes
 17,833,673   649,859   37,179




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ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.



(d) Exhibits.

Exhibit
Number             Description

99.1                 Press Release dated June 15, 2021
104                Cover Page Interactive Data File (embedded within the Inline XBRL
                   document)



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