Barry H. Orr - Mar 1, 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
Director
Signature
/s/Barry H. Orr
Stock symbol
HTLF
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 04:27 PM
Previous filing
May 20, 2021
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $56.4K +1.14K +0.51% $49.62 223K Mar 1, 2022 Direct
holding HTLF Common Stock 222K Mar 1, 2022 Direct
holding HTLF Common Stock 15.2K Mar 1, 2022 IRA

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 2019 Performance Based Restricted Stock (3-year performance) Tax liability -$56.4K -1.14K -50% $49.62 1.14K Mar 1, 2022 Common Stock 0 Direct F1, F2
holding HTLF 2019 Performance Based Restricted Stock (3-year performance) 0 Mar 1, 2022 Common Stock 1.3K Direct F1, F2
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 Mar 1, 2022 Common Stock 1.4K Direct F1, F3
holding HTLF 2021 Director Restricted Stock Units 0 Mar 1, 2022 Common Stock 1.2K Direct F1, F4
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 Mar 1, 2022 Common Stock 1.56K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2 These restricted stock units vest in 2022 if certain performance measures are achieved by the Issuer
F3 These restricted stock units vest in 2023 if certain performance measures are achieved by the Issuer
F4 These restricted stock units are granted under the 2020 Long-term Incentive Plan and are subject to a one (1) year vesting schedule.
F5 These restricted stock units vest in 2024 if certain performance measures are achieved by the Issuer