Jack W. Conner - May 2, 2023 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
Director
Signature
/s/ Debbie Reuter as Attorney in fact for Jack W. Conner
Stock symbol
HTBK
Transactions as of
May 2, 2023
Transactions value $
$76,083
Form type
4
Date filed
5/4/2023, 05:03 PM
Previous filing
Aug 12, 2022
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTBK Common Stock, No Par Value Purchase $76.1K +10K +34.08% $7.61 39.3K May 2, 2023 Indirect By Spouse F1
transaction HTBK Common Stock, No Par Value Award $0 +11.5K +11.71% $0.00 109K May 2, 2023 Direct F2
holding HTBK Common Stock, No Par Value 9.02K May 2, 2023 Indirect by Trusts
* 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 purchased in multiple transactions at prices ranging from $7.5897 to $7.6200, 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.
F2 Restricted stock award vests at the first anniversary of the grant date, subject to continuous employment with the Company.