Jai Kim - 21 Mar 2023 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
EVP & General Counsel, CAO
Signature
/s/ Janet Emerson, as attorney-in-fact for Jai Kim
Issuer symbol
N/A
Transactions as of
21 Mar 2023
Net transactions value
-$8,026
Form type
4
Filing time
23 Mar 2023, 11:03:16 UTC
Previous filing
01 Mar 2023
Next filing
02 Aug 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 +302 +102% $0.000000 597 21 Mar 2023 Direct F1
transaction HTLF Common Stock Options Exercise $0 +376 +63% $0.000000 973 21 Mar 2023 Direct F1
transaction HTLF Common Stock Tax liability $3,571 -93 -9.6% $38.40 880 21 Mar 2023 Direct F2
transaction HTLF Common Stock Tax liability $4,454 -116 -13% $38.40 764 21 Mar 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 2021 Time-Based Restricted Stock Options Exercise $0 -302 -49% $0.000000 312 21 Mar 2023 Common Stock 302 Direct F1, F3
transaction HTLF 2022 Time-Based Restricted Stock Options Exercise $0 -376 -33% $0.000000 753 21 Mar 2023 Common Stock 376 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.