Deborah K. Deters - 30 Jun 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
EVP, Chief HR Officer
Signature
/s/ Deborah K Deters
Issuer symbol
N/A
Transactions as of
30 Jun 2022
Net transactions value
+$14,858
Form type
4
Filing time
01 Jul 2022, 18:04:03 UTC
Previous filing
22 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 Award $14,858 +396 +8% $37.52 5,365 30 Jun 2022 Direct F1
holding HTLF Common Stock 4,969 30 Jun 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
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 0 30 Jun 2022 Common Stock 1,292 Direct F2, F3
holding HTLF 2020 Time-Based Restricted Stock 628 30 Jun 2022 Common Stock 431 Direct F2, F4
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 0 30 Jun 2022 Common Stock 1,687 Direct F2, F5
holding HTLF 2021 Time-Based Restricted Stock 267 30 Jun 2022 Common Stock 754 Direct F2, F6
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) 0 30 Jun 2022 Common Stock 1,579 Direct F2, F7
holding HTLF 2022 Time-Based Restricted Stock 0 30 Jun 2022 Common Stock 1,052 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares purchased through the Employee Stock Purchase Program
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 These restricted stock units vest in 2023 if certain performance measures are achieved by the Issuer.
F4 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.
F5 These restricted stock units vest in 2024 if certain performance measures are achieved by the Issuer
F6 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.
F7 These restricted stock units vest in 2025 if certain performance measures are achieved by the Issuer
F8 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.