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

Role
EVP, Principal Acctg Officer
Signature
/s/ Janet Emerson, as attorney-in-fact for Janet M. Quick
Issuer symbol
N/A
Transactions as of
18 Mar 2024
Net transactions value
-$9,067
Form type
4
Filing time
20 Mar 2024, 16:13:49 UTC
Previous filing
23 Mar 2023
Next filing
25 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 +769 +4.4% $0.000000 18,227 18 Mar 2024 Direct F1
transaction HTLF Common Stock Tax liability $9,067 -275 -1.5% $32.97 17,952 18 Mar 2024 Direct F2
holding HTLF Common Stock 432 18 Mar 2024 IRA
holding HTLF Common Stock 265 18 Mar 2024 Pension Plan
holding HTLF Common Stock 919 18 Mar 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 -1,374 -100% $0.000000* 0 18 Mar 2024 Common Stock 1,374 Direct F1, F3
transaction HTLF 2024 Time-Based Restricted Stock Award $0 +1,329 $0.000000 1,329 18 Mar 2024 Common Stock 1,329 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.