Walter Theodore Kaczmarek - 24 Aug 2022 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role: President and CEO, Director
Signature: /s/ Debbie Reuter as Attorney in fact for Walter Theodore Kaczmarek
Issuer symbol: HTBK
Transactions as of: 24 Aug 2022
Net transactions value: -$249,131
Form type: 4
Filing time: 25 Aug 2022, 19:33:53 UTC
Previous filing: 17 May 2022
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	Sale	$249,131	-21,419	-17%	$11.63	108,206	24 Aug 2022	Direct	F1
holding	HTBK	Common Stock, No Par Value						42,906	24 Aug 2022	Indirect By IRA
holding	HTBK	Common Stock, No Par Value						28,696	24 Aug 2022	Indirect By Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.6100 to $11.6700, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.6100 to $11.6700, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.