Margo G. Butsch - May 16, 2022 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/Chief Credit Officer
Signature
/s/ Debbie Reuter as Attorney in fact for Margo G. Butsch
Stock symbol
HTBK
Transactions as of
May 16, 2022
Transactions value $
$0
Form type
4
Date filed
5/17/2022, 06:44 PM
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTBK Common Stock, No Par Value Award $0 +12.8K +29.03% $0.00 56.9K May 16, 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 3K May 16, 2022 Common Stock, No Par Value 3K $10.34 Direct
holding HTBK Standard Employee Option - NSO 8K May 16, 2022 Common Stock, No Par Value 8K $14.48 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock vests 33.333% each year on an annualized basis.