Deborah Reuter - 16 May 2022 Form 4 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
16 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 18:59:19 UTC
Previous filing
11 Apr 2022
Next filing
26 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTBK Common Stock, No Par Value Award $0 +13,016 +21% $0.000000 75,906 16 May 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 6,000 16 May 2022 Common Stock, No Par Value 6,000 $6.57 Direct
holding HTBK Standard Employee Option - NSO 9,000 16 May 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 Restricted stock vests 33.333% each year on an annualized basis.