Mark A. Frank - Mar 21, 2023 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
Mar 21, 2023
Transactions value $
-$5,491
Form type
4
Date filed
3/23/2023, 10:44 AM
Previous filing
Mar 1, 2023
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $0 +170 +36.88% $0.00 631 Mar 21, 2023 Direct F1
transaction HTLF Common Stock Options Exercise $0 +323 +51.19% $0.00 954 Mar 21, 2023 Direct F1
transaction HTLF Common Stock Tax liability -$1.88K -49 -5.14% $38.40 905 Mar 21, 2023 Direct F2
transaction HTLF Common Stock Tax liability -$3.61K -94 -10.39% $38.40 811 Mar 21, 2023 Direct 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 2022 Time-Based Restricted Stock Options Exercise $0 -323 -33.37% $0.00 645 Mar 21, 2023 Common Stock 323 Direct F1, F3
transaction HTLF 2021 Time-Based Restricted Stock Options Exercise $0 -170 -49.13% $0.00 176 Mar 21, 2023 Common Stock 170 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 were withheld from distribution at the request of reporting person to satisfy tax liability.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.