Lo B. Nestman - 01 Mar 2024 Form 3 Insider Report for HEARTLAND FINANCIAL USA INC

Role
EVP, Head of Retail
Signature
/s/ Janet Emerson, as attorney-in-fact for Lo B. Nestman
Issuer symbol
N/A
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
3
Filing time
06 Mar 2024, 16:07:08 UTC
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
holding HTLF Common Stock 2,158 01 Mar 2024 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
holding HTLF 2021 Performance Based Restricted Stock (3-year performance) 01 Mar 2024 Common Stock 1,218 Direct F1, F2
holding HTLF 2021 Time-Based Restricted Stock 01 Mar 2024 Common Stock 278 Direct F2, F3
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) 01 Mar 2024 Common Stock 1,208 Direct F2, F4
holding HTLF 2022 Time-Based Restricted Stock 01 Mar 2024 Common Stock 537 Direct F2, F5
holding HTLF 2023 Time-Based Restricted Stock 01 Mar 2024 Common Stock 1,662 Direct F2, F6
holding HTLF Non-Qualified Stock Option (Right To Buy) 01 Mar 2024 Common Stock 3,226 $48.79 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units vest in 2024 if certain performance measures are achieved by the Issuer
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F3 Of these restricted stock units, 1/3 vest on 3-21-2022, 1/3 vest on 3-21-2023, and 1/3 vest on 3-21-2024.
F4 These restricted stock units vest in 2025 if certain performance measures are achieved by the Issuer
F5 Of these restricted stock units, 1/3 vest on 3-21-2023, 1/3 vest on 3-21-2024, and 1/3 vest on 3-21-2025.
F6 Of these restricted stock units, 1/3 vest on 3-21-2024, 1/3 vest on 3-21-2025, and 1/3 vest on 3-21-2026
F7 The options shall vest 25% on each of the first four anniversaries of the grant date of the award