Lynn B. Fuller - 06 Mar 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
Executive Operating Chairman, Director
Signature
/s/ Lynn B. Fuller
Issuer symbol
N/A
Transactions as of
06 Mar 2022
Net transactions value
$0
Form type
4
Filing time
08 Mar 2022, 15:59:28 UTC
Previous filing
03 Mar 2022
Next filing
22 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 $49,661 +1,021 +10% $48.64 10,798 06 Mar 2022 As Trustee F1
transaction HTLF Common Stock Options Exercise $55,839 +1,148 +11% $48.64 11,946 06 Mar 2022 As Trustee F1
holding HTLF Common Stock 92,669 06 Mar 2022 GST TRUST
holding HTLF Common Stock 9,777 06 Mar 2022 As Trustee F1
holding HTLF Common Stock 254,258 06 Mar 2022 Family II LLLP
holding HTLF Common Stock 313,180 06 Mar 2022 Family LLLP F2
holding HTLF Common Stock 11,000 06 Mar 2022 Spouses Trust F3
holding HTLF Common Stock 12,188 06 Mar 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 $49,661 -1,021 -50% $48.64 1,021 06 Mar 2022 Common Stock 0 Direct F5, F7
transaction HTLF 2020 Time-Based Restricted Stock Tax liability $55,839 -1,148 -50% $48.64 1,148 06 Mar 2022 Common Stock 0 Direct F5, F9
holding HTLF 2019 Performance Based Restricted Stock (3-year performance) 3,752 06 Mar 2022 Common Stock 3,752 Direct F5, F6
holding HTLF 2019 Time-Based Restricted Stock 0 06 Mar 2022 Common Stock 1,466 Direct F5, F7
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 06 Mar 2022 Common Stock 4,946 Direct F5, F8
holding HTLF 2020 Time-Based Restricted Stock 0 06 Mar 2022 Common Stock 3,297 Direct F5, F9
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 06 Mar 2022 Common Stock 5,497 Direct F5, F10
holding HTLF 2021 Time-Based Restricted Stock 0 06 Mar 2022 Common Stock 3,664 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.