Mark A. Frank - Dec 1, 2022 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Chief Operating Officer
Signature
/s/ Janet Emerson, as attorney-in-fact for Mark E. Frank
Stock symbol
HTLF
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
12/5/2022, 06:12 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 111 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 +4.84K $0.00 4.84K Dec 1, 2022 Common Stock 4.84K $48.79 Direct F5
holding HTLF 2021 Time-Based Restricted Stock 346 Dec 1, 2022 Common Stock 346 Direct F1, F2
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) 1.45K Dec 1, 2022 Common Stock 1.45K Direct F1, F3
holding HTLF 2022 Time-Based Restricted Stock 968 Dec 1, 2022 Common Stock 968 Direct F1, F4
* 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 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.
F3 These restricted stock units vest in 2025 if certain performance measures are achieved by the Issuer
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 The options shall vest 25% on each of the first four anniversaries of the grant date of the award