Bryan McKeag - 06 Mar 2023 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role: Chief Financial Officer
Signature: /s/ Janet Emerson, as attorney-in-fact for Bryan McKeag
Issuer symbol: N/A
Transactions as of: 06 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 08 Mar 2023, 15:01:44 UTC
Previous filing: 01 Mar 2023
Next filing: 23 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HTLF	Common Stock	Options Exercise	$0	+1,199	+7.3%	$0.000000	17,590	06 Mar 2023	Direct	F1
holding	HTLF	Common Stock						18,818	06 Mar 2023	Trust	F2

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	2020 Time-Based Restricted Stock	Options Exercise	$0	-1,199	-100%	$0.000000^*	0	06 Mar 2023	Common Stock	1,199		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F2	These shares are held by Bryan R and Linda M McKeag Living Trust dated 02-18-2009
F3	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.