Lo B. Nestman - Aug 9, 2024 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC (HTLF)

Role
EVP, Head of Retail, Mktg & PB
Signature
/s/ Janet Emerson, as attorney-in-fact for Lo B. Nestman
Stock symbol
HTLF
Transactions as of
Aug 9, 2024
Transactions value $
-$180,746
Form type
4
Date filed
8/12/2024, 05:17 PM
Previous filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $39.3K +806 +22.5% $48.79 4.39K Aug 9, 2024 Direct
transaction HTLF Common Stock Sale -$220K -4.39K -100% $50.14 0 Aug 9, 2024 Direct F1

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 Non-Qualified Stock Option (Right To Buy) Options Exercise $0 -806 -24.98% $0.00 2.42K Aug 9, 2024 Common Stock 806 $48.79 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.10 to $50.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The options vest 25% on each of the first four anniversaries of the grant date of the award.