Barry H. Orr - 01 Mar 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
Director
Signature
/s/Barry H. Orr
Issuer symbol
N/A
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
03 Mar 2022, 16:27:52 UTC
Previous filing
20 May 2021
Next filing
06 Jun 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 $56,368 +1,136 +0.51% $49.62 222,796 01 Mar 2022 Direct
holding HTLF Common Stock 221,660 01 Mar 2022 Direct
holding HTLF Common Stock 15,179 01 Mar 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 $56,368 -1,136 -50% $49.62 1,136 01 Mar 2022 Common Stock 0 Direct F1, F2
holding HTLF 2019 Performance Based Restricted Stock (3-year performance) 0 01 Mar 2022 Common Stock 1,303 Direct F1, F2
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 01 Mar 2022 Common Stock 1,404 Direct F1, F3
holding HTLF 2021 Director Restricted Stock Units 0 01 Mar 2022 Common Stock 1,200 Direct F1, F4
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 01 Mar 2022 Common Stock 1,561 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