Lawrence D. Mcgovern - May 16, 2022 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/CFO
Signature
/s/ Debbie Reuter as Attorney in fact for Lawrence D. McGovern
Stock symbol
HTBK
Transactions as of
May 16, 2022
Transactions value $
$0
Form type
4
Date filed
5/17/2022, 06:54 PM
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTBK Common Stock, No Par Value Award $0 +16.7K +33.58% $0.00 66.3K May 16, 2022 Direct F1
holding HTBK Common Stock, No Par Value 4.98K May 16, 2022 Indirect by IRA
holding HTBK Common Stock, No Par Value 63K May 16, 2022 Indirect by Trust

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 15K May 16, 2022 Common Stock, No Par Value 15K $6.57 Direct
holding HTBK Standard Employee Option - NSO 15K May 16, 2022 Common Stock, No Par Value 15K $8.07 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.