Nathan R. Jones - 01 Dec 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
EVP, Chief Credit Officer
Signature
/s/ Janet Emerson, as attorney-in-fact for Nathan R. Jones
Issuer symbol
N/A
Transactions as of
01 Dec 2022
Net transactions value
$0
Form type
4
Filing time
05 Dec 2022, 18:03:25 UTC
Previous filing
23 Mar 2022
Next filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTLF Common Stock 299 01 Dec 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 Non-Qualified Stock Option (Right To Buy) Award $0 +6,452 $0.000000 6,452 01 Dec 2022 Common Stock 6,452 $48.79 Direct F7
holding HTLF 2020 Time-Based Restricted Stock (3yr cliff vesting) 7,344 01 Dec 2022 Common Stock 7,344 Direct F1, F2
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 1,874 01 Dec 2022 Common Stock 1,874 Direct F1, F3
holding HTLF 2021 Time-Based Restricted Stock 837 01 Dec 2022 Common Stock 837 Direct F1, F4
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) 2,177 01 Dec 2022 Common Stock 2,177 Direct F1, F5
holding HTLF 2022 Time-Based Restricted Stock 1,451 01 Dec 2022 Common Stock 1,451 Direct F1, F6
* 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 restrict stock units vest on the third calendar year on the date granted.
F3 These restricted stock units vest in 2024 if certain performance measures are achieved by the Issuer
F4 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.
F5 These restricted stock units vest in 2025 if certain performance measures are achieved by the Issuer
F6 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.
F7 The options shall vest 25% on each of the first four anniversaries of the grant date of the award