JOHN K. SCHMIDT - 01 Jun 2021 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role: Director
Signature: /s/ John K. Schmidt
Issuer symbol: N/A
Transactions as of: 01 Jun 2021
Net transactions value: +$7,521
Form type: 4
Filing time: 03 Jun 2021, 10:48:58 UTC
Previous filing: 20 May 2021
Next filing: 07 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HTLF	Common Stock						13,930	01 Jun 2021	by Spouse
holding	HTLF	Common Stock						101,945	01 Jun 2021	Direct	F1
holding	HTLF	Common Stock						4,780	01 Jun 2021	401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HTLF	2021 Director Restricted Stock Units	Award	$7,521	+150		$50.14	0	01 Jun 2021	Common Stock	150		Direct	F2, F3, F4
holding	HTLF	2021 Director Restricted Stock Units						0	01 Jun 2021	Common Stock	1,200		Direct	F2, F3
holding	HTLF	2020 Director Restricted Stock Units						0	01 Jun 2021	Common Stock	2,116		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Of these shares 2,506 are held as JTWROS and 1,000 are held in Jt. Ten.
F2	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3	These restricted stock units are granted under the 2020 Long-term Incentive Plan and are subject to a one (1) year vesting schedule.
F4	150 RSU's granted under 2020 Long-term Incentive Plan for service as a director on a member bank board.