Deborah K. Deters - 31 Dec 2021 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
EVP, Chief HR Officer
Signature
/s/ Deborah K Deters
Issuer symbol
N/A
Transactions as of
31 Dec 2021
Net transactions value
+$2,924
Form type
4
Filing time
03 Jan 2022, 11:51:56 UTC
Previous filing
01 Jul 2021
Next filing
03 Mar 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 Award $2,924 +64 +2.1% $45.69 3,173 31 Dec 2021 Direct F1
holding HTLF Common Stock 3,109 31 Dec 2021 Direct

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
holding HTLF 2019 Performance Based Restricted Stock (3-year performance) 0 31 Dec 2021 Common Stock 1,064 Direct F2, F3
holding HTLF 2019 Time-Based Restricted Stock 0 31 Dec 2021 Common Stock 354 Direct F2, F4
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 31 Dec 2021 Common Stock 1,292 Direct F2, F5
holding HTLF 2020 Time-Based Restricted Stock 0 31 Dec 2021 Common Stock 862 Direct F2, F6
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 31 Dec 2021 Common Stock 1,687 Direct F2, F7
holding HTLF 2021 Time-Based Restricted Stock 0 31 Dec 2021 Common Stock 1,124 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares purchased on 12-31-2021 through the Employee Stock Purchase Program
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 These restricted stock units vest in 2022 if certain performance measures are achieved by the Issuer
F4 Of these restricted stock units, 1/3 vest on 3-6-2020, 1/3 vest on 3-6-2021, and 1/3 vest on 3-6-2022.
F5 These restricted stock units vest in 2023 if certain performance measures are achieved by the Issuer.
F6 Of these restricted stock units, 1/3 vest on 3-6-2021, 1/3 vest on 3-6-2022, and 1/3 vest on 3-6-2023.
F7 These restricted stock units vest in 2024 if certain performance measures are achieved by the Issuer
F8 Of these restricted stock units, 1/3 vest on 3-6-2022, 1/3 vest on 3-6-2023, and 1/3 vest on 3-6-2024.