Jai Kim - Aug 1, 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP & General Counsel, CAO
Signature
/s/ Janet Emerson, as attorney-in-fact for Jay Kim
Stock symbol
HTLF
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
12/5/2022, 05:57 PM
Previous filing
Mar 22, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTLF Common Stock 295 Aug 1, 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 2022 Time-Based Restricted Stock Award $0 +2.38K $0.00 2.38K Aug 1, 2022 Common Stock 2.38K Direct F1, F6
transaction HTLF Non-Qualified Stock Option (Right To Buy) Award $0 +6.45K $0.00 6.45K Dec 1, 2022 Common Stock 6.45K $48.79 Direct F7
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 1.37K Aug 1, 2022 Common Stock 1.37K Direct F1, F2
holding HTLF 2021 Time-Based Restricted Stock 614 Aug 1, 2022 Common Stock 614 Direct F1, F3
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) 1.69K Aug 1, 2022 Common Stock 1.69K Direct F1, F4
holding HTLF 2022 Time-Based Restricted Stock 1.13K Aug 1, 2022 Common Stock 1.13K Direct F1, F5
* 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 2023 if certain performance measures are achieved by the Issuer
F3 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.
F4 These restricted stock units vest in 2025 if certain performance measures are achieved by the Issuer
F5 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.
F6 Of these restricted stock units, 1/3 vest on 8-1-2023, 1/3 vest on 8-1-2024, and 1/3 vest on 8-1-2025
F7 The options shall vest 25% on each of the first four anniversaries of the grant date of the award