David Prince - Mar 6, 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Head of Commercial
Signature
/s/ David Prince
Stock symbol
HTLF
Transactions as of
Mar 6, 2022
Transactions value $
$0
Form type
4
Date filed
3/8/2022, 04:14 PM
Previous filing
Mar 3, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $20.8K +428 +5.16% $48.64 8.72K Mar 6, 2022 Direct
transaction HTLF Common Stock Options Exercise $33.5K +689 +7.9% $48.64 9.41K Mar 6, 2022 Direct
holding HTLF Common Stock 8.29K Mar 6, 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 -$20.8K -428 -50% $48.64 428 Mar 6, 2022 Common Stock 0 Direct F1, F3
transaction HTLF 2020 Time-Based Restricted Stock Tax liability -$33.5K -689 -50% $48.64 689 Mar 6, 2022 Common Stock 993 Direct F1, F5
holding HTLF 2019 Performance Based Restricted Stock (3-year performance) 1.6K Mar 6, 2022 Common Stock 1.6K Direct F1, F2
holding HTLF 2019 Time-Based Restricted Stock 0 Mar 6, 2022 Common Stock 620 Direct F1, F3
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 Mar 6, 2022 Common Stock 2.98K Direct F1, F4
holding HTLF 2020 Time-Based Restricted Stock 0 Mar 6, 2022 Common Stock 1.99K Direct F1, F5
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 Mar 6, 2022 Common Stock 0 Direct F1, F6
holding HTLF 2021 Time-Based Restricted Stock 0 Mar 6, 2022 Common Stock 2.41K 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.