David Prince - Dec 1, 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Head of Commercial
Signature
/s/ Janet Emerson, as attorney-in-fact for David Prince
Stock symbol
HTLF
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
12/5/2022, 06:07 PM
Previous filing
Mar 23, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTLF Common Stock 9.96K Dec 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 Non-Qualified Stock Option (Right To Buy) Award $0 +6.77K $0.00 6.77K Dec 1, 2022 Common Stock 6.77K $48.79 Direct F8
holding HTLF 2020 Performance Based Restricted Stock (3-year performance) 2.98K Dec 1, 2022 Common Stock 2.98K Direct F1, F2
holding HTLF 2020 Time-Based Restricted Stock 993 Dec 1, 2022 Common Stock 993 Direct F1, F3
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 3.61K Dec 1, 2022 Common Stock 3.61K Direct F1, F4
holding HTLF 2021 Time-Based Restricted Stock 1.61K Dec 1, 2022 Common Stock 1.61K Direct F1, F5
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) 3.63K Dec 1, 2022 Common Stock 3.63K Direct F1, F6
holding HTLF 2022 Time-Based Restricted Stock 2.42K Dec 1, 2022 Common Stock 2.42K Direct F1, F7
* 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 2024 if certain performance measures are achieved by the Issuer
F5 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.
F6 These restricted stock units vest in 2025 if certain performance measures are achieved by the Issuer
F7 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.
F8 The options shall vest 25% on each of the first four anniversaries of the grant date of the award