Coonley Janice Yuli Peng - 02 May 2024 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/Chief People & Culture
Signature
/s/ Debbie Reuter as Attorney-in-fact for Janice Peng Coonley
Issuer symbol
HTBK
Transactions as of
02 May 2024
Net transactions value
$0
Form type
4
Filing time
06 May 2024, 16:40:17 UTC
Previous filing
12 Mar 2024
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 Options Exercise $0 +3,041 +25% $0.000000 15,041 02 May 2024 Direct
transaction HTBK Common Stock, No Par Value Award $0 +196 +1.3% $0.000000 15,237 02 May 2024 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
transaction HTBK Restricted Stock Unit Options Exercise $0 -3,041 -33% $0.000000 6,082 02 May 2024 Common Stock, No Par Value 3,041 $0.000000 Direct F2
holding HTBK Performance-Based Restricted Stock Unit 9,122 02 May 2024 Common Stock, No Par Value 9,122 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 12,385 02 May 2024 Common Stock, No Par Value 12,385 $0.000000 Direct
holding HTBK Restricted Stock Unit 12,385 02 May 2024 Common Stock, No Par Value 12,385 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Coonley Janice Yuli Peng is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reporting person acquired 196 shares of the Company's Common Stock as a result of stock dividends payable to the reporting person upon the partial vesting of the Restricted Stock Unit grant.
F2 The restricted stock units vest in three equal installments commencing May 2, 2024, the first anniversary of the holder's grant date.