Deborah Reuter - 24 Mar 2022 Form 3 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/CRO/Corporate Secretary
Signature
/s/ Lawrence D. McGovern as Attorney-in-fact for Deborah Reuter
Issuer symbol
HTBK
Transactions as of
24 Mar 2022
Net transactions value
$0
Form type
3
Filing time
30 Mar 2022, 20:20:39 UTC
Next filing
11 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTBK Common Stock, No Par Value 58,390 24 Mar 2022 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
holding HTBK Standard Employee Option - NSO 24 Mar 2022 Common Stock, No Par Value 4,500 $6.39 Direct
holding HTBK Standard Employee Option - NSO 24 Mar 2022 Common Stock, No Par Value 6,000 $6.57 Direct
holding HTBK Standard Employee Option - NSO 24 Mar 2022 Common Stock, No Par Value 9,000 $8.07 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,750 shares unvested restricted stock awards granted on 5/1/2018 and 4,000 shares unvested restricted stock awards granted on 5/22/2019 and 9,093 shares unvested restricted stock awards granted on 4/28/2020 and 11,875 shares restricted stock awards granted on 4/27/2021. Restricted stock awards vest 25% per year from the date of grant for the 2018 grant. Restricted stock awards vest 33% per year from the date of grants for the 2019, 2020, and 2021 grants.