Lynn B. Fuller - Mar 6, 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
Executive Operating Chairman, Director
Signature
/s/ Lynn B. Fuller
Stock symbol
HTLF
Transactions as of
Mar 6, 2022
Transactions value $
$0
Form type
4
Date filed
3/8/2022, 03:59 PM
Previous filing
Mar 3, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $49.7K +1.02K +10.44% $48.64 10.8K Mar 6, 2022 As Trustee F1
transaction HTLF Common Stock Options Exercise $55.8K +1.15K +10.63% $48.64 11.9K Mar 6, 2022 As Trustee F1
holding HTLF Common Stock 92.7K Mar 6, 2022 GST TRUST
holding HTLF Common Stock 9.78K Mar 6, 2022 As Trustee F1
holding HTLF Common Stock 254K Mar 6, 2022 Family II LLLP
holding HTLF Common Stock 313K Mar 6, 2022 Family LLLP F2
holding HTLF Common Stock 11K Mar 6, 2022 Spouses Trust F3
holding HTLF Common Stock 12.2K Mar 6, 2022 HTLF Retirement Plan F4

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 -$49.7K -1.02K -50% $48.64 1.02K Mar 6, 2022 Common Stock 0 Direct F5, F7
transaction HTLF 2020 Time-Based Restricted Stock Tax liability -$55.8K -1.15K -50% $48.64 1.15K Mar 6, 2022 Common Stock 0 Direct F5, F9
holding HTLF 2019 Performance Based Restricted Stock (3-year performance) 3.75K Mar 6, 2022 Common Stock 3.75K Direct F5, F6
holding HTLF 2019 Time-Based Restricted Stock 0 Mar 6, 2022 Common Stock 1.47K Direct F5, F7
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 Mar 6, 2022 Common Stock 4.95K Direct F5, F8
holding HTLF 2020 Time-Based Restricted Stock 0 Mar 6, 2022 Common Stock 3.3K Direct F5, F9
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 Mar 6, 2022 Common Stock 5.5K Direct F5, F10
holding HTLF 2021 Time-Based Restricted Stock 0 Mar 6, 2022 Common Stock 3.66K Direct F5, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by Lynn B. Fuller Trust Under Agreement dated 5-7-96, Lynn B. Fuller Trustee
F2 These shares are held by LBF Heartland Partnership LLLC - Lynn B Fuller is the General Partner. Wife and two (2) adult sons are Limited Partners.
F3 These shares are held by Cynthia A Fuller Declaration of Trust under agreement dated 7/2/2015, Cynthia A Fuller, Trustee
F4 Represents shares allocated to the reporting person's account under the Heartland Financial USA, Inc. Retirement Plan as a result of the Pension Plan Protectin Act of 2006.
F5 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F6 These restricted stock units vest in 2022 if certain performance measures are achieved by the Issuer
F7 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.
F8 These restricted stock units vest in 2023 if certain performance measures are achieved by the Issuer
F9 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.
F10 These restricted stock units vest in 2024 if certain performance measures are achieved by the Issuer
F11 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.