JOHN K. SCHMIDT - 05 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
05 Jun 2021
Net transactions value
$0
Form type
4
Filing time
07 Jun 2021, 14:32:17 UTC
Previous filing
03 Jun 2021
Next filing
03 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $106,541 +2,116 +2.1% $50.35 104,061 05 Jun 2021 Direct
holding HTLF Common Stock 13,930 05 Jun 2021 by Spouse
holding HTLF Common Stock 101,945 05 Jun 2021 Direct F1
holding HTLF Common Stock 4,780 05 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 2020 Director Restricted Stock Units Options Exercise $106,541 -2,116 -50% $50.35 2,116 05 Jun 2021 Common Stock 0 Direct F2, F3
holding HTLF 2021 Director Restricted Stock Units 0 05 Jun 2021 Common Stock 1,350 Direct F2, F3
holding HTLF 2020 Director Restricted Stock Units 0 05 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.