Robertson Clay Jones Jr. - 26 Nov 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.
Issuer symbol
HTBK
Transactions as of
26 Nov 2024
Net transactions value
-$5.97
Form type
4
Filing time
27 Nov 2024, 19:25:11 UTC
Previous filing
06 May 2024
Next filing
26 Mar 2025
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 $182,286 +37,050 +16% $4.92 262,428 26 Nov 2024 Direct F1
transaction HTBK Common Stock, No Par Value Tax liability $182,292 -16,989 -6.5% $10.73 245,439 26 Nov 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 -37,050 -100% $0.000000 0 26 Nov 2024 Heritage Commerce Corp - Common Stock 37,050 $4.92 Direct F1
holding HTBK Employee Stock Option (right to buy) 33,009 26 Nov 2024 Heritage Commerce Corp - Common Stock 33,009 $10.74 Direct
holding HTBK Employee Stock Option (right to buy) 16,390 26 Nov 2024 Heritage Commerce Corp - Common Stock 16,390 $10.74 Direct
holding HTBK Restricted Stock Unit 20,985 26 Nov 2024 Common Stock, No Par Value 20,985 $0.000000 Direct
holding HTBK Restricted Stock Unit 39,636 26 Nov 2024 Common Stock, No Par Value 39,636 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 39,635 26 Nov 2024 Common Stock, No Par Value 39,635 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 31,477 26 Nov 2024 Common Stock, No Par Value 31,477 $0.000000 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.