JOHN K. SCHMIDT - 05 Jun 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
Director
Signature
/s/ John K. Schmidt
Issuer symbol
N/A
Transactions as of
05 Jun 2022
Net transactions value
$0
Form type
4
Filing time
06 Jun 2022, 16:54:35 UTC
Previous filing
08 Feb 2022
Next filing
12 Jul 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 $59,738 +1,350 +1.7% $44.25 79,111 05 Jun 2022 Direct
holding HTLF Common Stock 39,670 05 Jun 2022 by Spouse
holding HTLF Common Stock 77,761 05 Jun 2022 Direct F1
holding HTLF Common Stock 4,780 05 Jun 2022 401(k)

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 Director Restricted Stock Units Options Exercise $59,738 -1,350 -50% $44.25 1,350 05 Jun 2022 Common Stock 0 Direct F2, F3
holding HTLF 2021 Director Restricted Stock Units 0 05 Jun 2022 Common Stock 1,350 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of these shares 2,506 are held as JTWROS and 1,000 are held in Jt. Ten.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 These restricted stock units are granted under the 2020 Long-term Incentive Plan and are subject to a one (1) year vesting schedule.