Deborah Reuter - Mar 24, 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
Stock symbol
HTBK
Transactions as of
Mar 24, 2022
Transactions value $
$0
Form type
3
Date filed
3/30/2022, 08:20 PM
Next filing
Apr 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HTBK Common Stock, No Par Value 58.4K Mar 24, 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 Mar 24, 2022 Common Stock, No Par Value 4.5K $6.39 Direct
holding HTBK Standard Employee Option - NSO Mar 24, 2022 Common Stock, No Par Value 6K $6.57 Direct
holding HTBK Standard Employee Option - NSO Mar 24, 2022 Common Stock, No Par Value 9K $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.