Nathan R. Jones - 27 Jul 2023 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Role
EVP, Chief Credit Officer
Signature
/s/ Janet Emerson, as attorney-in-fact for Nathan R. Jones
Issuer symbol
N/A
Transactions as of
27 Jul 2023
Net transactions value
-$73,192
Form type
4
Filing time
31 Jul 2023, 16:12:11 UTC
Previous filing
23 Mar 2023
Next filing
20 Mar 2024
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 +7,344 +783% $0.000000 8,282 27 Jul 2023 Direct F1
transaction HTLF Common Stock Tax liability $73,192 -2,093 -25% $34.97 6,189 27 Jul 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 2020 Time-Based Restricted Stock (3yr cliff vesting) Options Exercise $0 -7,344 -100% $0.000000* 0 27 Jul 2023 Common Stock 7,344 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 granting to the Reporting Person.
F2 These shares were withheld from distribution at the request of the reporting person to satisfy tax liability.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.