Stephen G. Heitel - Nov 8, 2021 Form 4/A - Amendment Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role: Director
Signature: Deborah Reuter as Attorney in fact for Stephen G Heitel
Stock symbol: HTBK
Transactions as of: Nov 8, 2021
Transactions value $: -$729,156
Form type: 4/A - Amendment
Date filed: 11/12/2021, 10:10 AM
Date Of Original Report: Nov 10, 2021
Previous filing: Jun 1, 2021
Next filing: Nov 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HTBK	Common Stock, No Par Value	Sale	-$332K	-27.4K	-36.15%	$12.15	48.3K	Nov 8, 2021	Indirect by IRA	F1
transaction	HTBK	Common Stock, No Par Value	Sale	-$397K	-32.7K	-33.25%	$12.15	65.5K	Nov 8, 2021	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
holding	HTBK	Employee Stock Option (right to buy)						61.8K	Nov 8, 2021	Heritage Commerce Corp - Common Stock	61.8K	$3.98	Direct
holding	HTBK	Employee Stock Option (right to buy)						61.7K	Nov 8, 2021	Heritage Commerce Corp - Common Stock	61.7K	$4.92	Direct

* 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 $12.1500 to $12.1610, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, 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 footnote (1) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.1500 to $12.300, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, 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 footnote (2) to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.1500 to $12.1610, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, 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 footnote (1) to this Form 4.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.1500 to $12.300, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, 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 footnote (2) to this Form 4.