Robertson Clay Jones JR - Nov 26, 2024 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
President and CEO, Director
Signature
/s/Deborah Reuter as Attorney-in-Fact for Robertson Clay Jones, JR.
Stock symbol
HTBK
Transactions as of
Nov 26, 2024
Transactions value $
-$6
Form type
4
Date filed
11/27/2024, 07:25 PM
Previous filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTBK Common Stock, No Par Value Options Exercise $182K +37.1K +16.44% $4.92 262K Nov 26, 2024 Direct F1
transaction HTBK Common Stock, No Par Value Tax liability -$182K -17K -6.47% $10.73 245K Nov 26, 2024 Direct

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 Employee Stock Option (right to buy) Options Exercise $0 -37.1K -100% $0.00 0 Nov 26, 2024 Heritage Commerce Corp - Common Stock 37.1K $4.92 Direct F1
holding HTBK Employee Stock Option (right to buy) 33K Nov 26, 2024 Heritage Commerce Corp - Common Stock 33K $10.74 Direct
holding HTBK Employee Stock Option (right to buy) 16.4K Nov 26, 2024 Heritage Commerce Corp - Common Stock 16.4K $10.74 Direct
holding HTBK Restricted Stock Unit 21K Nov 26, 2024 Common Stock, No Par Value 21K $0.00 Direct
holding HTBK Restricted Stock Unit 39.6K Nov 26, 2024 Common Stock, No Par Value 39.6K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 39.6K Nov 26, 2024 Common Stock, No Par Value 39.6K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 31.5K Nov 26, 2024 Common Stock, No Par Value 31.5K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Net Exercise of incentive stock options. 16,989 shares have been surrendered in satisfaction of the option exercise price.