Lo B. Nestman - Mar 1, 2024 Form 3 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Head of Retail
Signature
/s/ Janet Emerson, as attorney-in-fact for Lo B. Nestman
Stock symbol
HTLF
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
3
Date filed
3/6/2024, 04:07 PM
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTLF Common Stock 2.16K Mar 1, 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) Mar 1, 2024 Common Stock 1.22K Direct F1, F2
holding HTLF 2021 Time-Based Restricted Stock Mar 1, 2024 Common Stock 278 Direct F2, F3
holding HTLF 2022 Performance Based Restricted Stock (3-year performance) Mar 1, 2024 Common Stock 1.21K Direct F2, F4
holding HTLF 2022 Time-Based Restricted Stock Mar 1, 2024 Common Stock 537 Direct F2, F5
holding HTLF 2023 Time-Based Restricted Stock Mar 1, 2024 Common Stock 1.66K Direct F2, F6
holding HTLF Non-Qualified Stock Option (Right To Buy) Mar 1, 2024 Common Stock 3.23K $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