Janet M. Quick - Mar 18, 2024 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Principal Acctg Officer
Signature
/s/ Janet Emerson, as attorney-in-fact for Janet M. Quick
Stock symbol
HTLF
Transactions as of
Mar 18, 2024
Transactions value $
-$9,067
Form type
4
Date filed
3/20/2024, 04:13 PM
Previous filing
Mar 23, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $0 +769 +4.4% $0.00 18.2K Mar 18, 2024 Direct F1
transaction HTLF Common Stock Tax liability -$9.07K -275 -1.51% $32.97 18K Mar 18, 2024 Direct F2
holding HTLF Common Stock 432 Mar 18, 2024 IRA
holding HTLF Common Stock 265 Mar 18, 2024 Pension Plan
holding HTLF Common Stock 919 Mar 18, 2024 401 (k)

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 Performance Based Restricted Stock (3-year performance) Options Exercise $0 -1.37K -100% $0.00* 0 Mar 18, 2024 Common Stock 1.37K Direct F1, F3
transaction HTLF 2024 Time-Based Restricted Stock Award $0 +1.33K $0.00 1.33K Mar 18, 2024 Common Stock 1.33K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned upon vesting and settlement of Performance Restricted Stock Units ("Performance RSUs") awarded March 16, 2021, achievement of 56% of performance criteria.
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.
F4 Of these restricted stock units, 1/3 vest on 3-21-2025, 1/3 vest on 3-21-2026, and 1/3 vest on 3-21-2027.