Mark A. Frank - 21 Mar 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
SVP, Regional Operations
Signature
/s/Mark E Frank
Issuer symbol
N/A
Transactions as of
21 Mar 2022
Net transactions value
-$5,587
Form type
4
Filing time
22 Mar 2022, 19:32:58 UTC
Previous filing
16 Mar 2022
Next filing
05 Dec 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 $0 +111 $0.000000 111 21 Mar 2022 Direct
holding HTLF Common Stock 0 21 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 2021 Time-Based Restricted Stock Tax liability $5,587 -111 -22% $50.33 405 21 Mar 2022 Common Stock 111 Direct F1, F2
holding HTLF 2021 Time-Based Restricted Stock 0 21 Mar 2022 Common Stock 516 Direct F1, F2
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) 0 21 Mar 2022 Common Stock 1,451 Direct F1, F3
holding HTLF 2022 Time-Based Restricted Stock 0 21 Mar 2022 Common Stock 968 Direct F1, F4
* 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 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.
F3 These restricted stock units vest in 2025 if certain performance measures are achieved by the Issuer
F4 Of these restricted stock units, 1/3 vest on 3-6-2023, 1/3 vest on 3-6-2024, and 1/3 vest on 3-6-2025.