Bruce K. Lee - 06 Mar 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
HTLF President and CEO
Signature
/s/ Bruce K. Lee
Issuer symbol
N/A
Transactions as of
06 Mar 2022
Net transactions value
$0
Form type
4
Filing time
08 Mar 2022, 15:14:58 UTC
Previous filing
03 Mar 2022
Next filing
16 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 Options Exercise $60,119 +1,236 +2.8% $48.64 45,878 06 Mar 2022 Direct
transaction HTLF Common Stock Options Exercise $142,758 +2,935 +6.4% $48.64 48,813 06 Mar 2022 Direct
holding HTLF Common Stock 44,642 06 Mar 2022 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
transaction HTLF 2019 Time-Based Restricted Stock Tax liability $60,119 -1,236 -50% $48.64 1,236 06 Mar 2022 Common Stock 0 Direct F1, F3
transaction HTLF 2020 Time-Based Restricted Stock Tax liability $142,758 -2,935 -50% $48.64 2,935 06 Mar 2022 Common Stock 4,216 Direct F1, F5
holding HTLF 2019 Performance Based Restricted Stock (3-year performance) 4,608 06 Mar 2022 Common Stock 4,608 Direct F1, F2
holding HTLF 2019 Time-Based Restricted Stock 0 06 Mar 2022 Common Stock 1,776 Direct F1, F3
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 06 Mar 2022 Common Stock 12,646 Direct F1, F4
holding HTLF 2020 Time-Based Restricted Stock 0 06 Mar 2022 Common Stock 8,431 Direct F1, F5
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 06 Mar 2022 Common Stock 0 Direct F1, F6
holding HTLF 2021 Time-Based Restricted Stock 0 06 Mar 2022 Common Stock 0 Direct F1, F7
* 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 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.
F4 These restricted stock units vest in 2023 if certain performance measures are achieved by the Issuer
F5 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.
F6 These restricted stock units vest in 2024 if certain performance measures are achieved by the Issuer
F7 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.