Lo B. Nestman - 09 Aug 2024 Form 4 Insider Report for HEARTLAND FINANCIAL USA INC

Signature
/s/ Janet Emerson, as attorney-in-fact for Lo B. Nestman
Issuer symbol
N/A
Transactions as of
09 Aug 2024
Net transactions value
-$180,746
Form type
4
Filing time
12 Aug 2024, 17:17:13 UTC
Previous filing
01 Jul 2024
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLF Common Stock Options Exercise $39,325 +806 +22% $48.79 4,389 09 Aug 2024 Direct
transaction HTLF Common Stock Sale $220,071 -4,389 -100% $50.14 0 09 Aug 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 -25% $0.000000 2,420 09 Aug 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.