Kevin C. Karrels - Aug 12, 2022 Form 3 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Head of Consumer, Retail
Signature
/s/ Kevin C. Karrels
Stock symbol
HTLF
Transactions as of
Aug 12, 2022
Transactions value $
$0
Form type
3
Date filed
8/12/2022, 10:38 AM
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTLF Common Stock 1.81K Aug 12, 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 Time-Based Restricted Stock Aug 12, 2022 Common Stock 374 Direct F1, F2
holding HTLF 2021 Time-Based Restricted Stock Aug 12, 2022 Common Stock 614 Direct F2, F3
holding HTLF 2022 Time-Based Restricted Stock Aug 12, 2022 Common Stock 893 Direct F2, F4
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) Aug 12, 2022 Common Stock 1.12K Direct F2, F5
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) Aug 12, 2022 Common Stock 1.37K Direct F2, F6
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) Aug 12, 2022 Common Stock 1.34K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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