Mark A. Frank - Mar 21, 2024 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Chief Operations Officer
Signature
/s/ Janet Emerson, as attorney-in-fact for Mark A. Frank
Stock symbol
HTLF
Transactions as of
Mar 21, 2024
Transactions value $
-$9,007
Form type
4
Date filed
3/25/2024, 04:03 PM
Previous filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $0 +176 +21.7% $0.00 987 Mar 21, 2024 Direct F1
transaction HTLF Common Stock Tax liability -$2.04K -60 -6.08% $33.99 927 Mar 21, 2024 Direct F2
transaction HTLF Common Stock Options Exercise $0 +323 +34.84% $0.00 1.25K Mar 21, 2024 Direct F1
transaction HTLF Common Stock Tax liability -$3.09K -91 -7.28% $33.99 1.16K Mar 21, 2024 Direct F2
transaction HTLF Common Stock Options Exercise $0 +447 +38.57% $0.00 1.61K Mar 21, 2024 Direct F1
transaction HTLF Common Stock Tax liability -$3.87K -114 -7.1% $33.99 1.49K Mar 21, 2024 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 2021 Time-Based Restricted Stock Options Exercise $0 -176 -100% $0.00* 0 Mar 21, 2024 Common Stock 176 Direct F1, F3
transaction HTLF 2022 Time-Based Restricted Stock Options Exercise $0 -323 -50.08% $0.00 322 Mar 21, 2024 Common Stock 323 Direct F1, F3
transaction HTLF 2023 Time-Based Restricted Stock Options Exercise $0 -447 -33.33% $0.00 894 Mar 21, 2024 Common Stock 447 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 granted to the Reporting Person.
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.