Deborah Reuter - 02 May 2025 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/CRO/Corporate Secretary
Signature
/s/May Wong as Attorney-in-Fact
Issuer symbol
HTBK
Transactions as of
02 May 2025
Net transactions value
$0
Form type
4
Filing time
06 May 2025, 16:41:19 UTC
Previous filing
11 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reuter Deborah EVP/CRO/Corporate Secretary 224 AIRPORT PARKWAY, SAN JOSE /s/May Wong as Attorney-in-Fact 06 May 2025 0001920301

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 +3,526 +3.9% $0.000000 93,668 02 May 2025 Direct
transaction HTBK Common Stock, No Par Value Award $0 +427 +0.46% $0.000000 94,095 02 May 2025 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 -3,526 -50% $0.000000 3,527 02 May 2025 Common Stock, No Par Value 3,526 $0.000000 Direct F2
holding HTBK Restricted Stock Unit 8,511 02 May 2025 Common Stock, No Par Value 8,511 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 12,766 02 May 2025 Common Stock, No Par Value 12,766 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 10,578 02 May 2025 Common Stock, No Par Value 10,578 $0.000000 Direct
holding HTBK Restricted Stock Unit 8,356 02 May 2025 Common Stock, No Par Value 8,356 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 8,356 02 May 2025 Common Stock, No Par Value 8,356 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired 427 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 Units, or RSUs grant.
F2 The RSUs vest annually in three equal installments commencing on May 2, 2024, the first anniversary of the holders' grant date. The remaining RSUs will vest on May 2, 2026.