Robertson Clay Jones Jr. - 02 May 2025 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
President and CEO, Director
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, 16:42:21 UTC
Previous filing
26 Mar 2025
Next filing
09 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Jones Robertson Clay JR President and CEO, Director 224 AIRPORT PARKWAY, SAN JOSE /s/May Wong as Attorney-in-Fact 06 May 2025 0001788938

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 +10,493 +4.1% $0.000000 264,720 02 May 2025 Direct
transaction HTBK Common Stock, No Par Value Award $0 +1,287 +0.49% $0.000000 266,007 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 -10,493 -50% $0.000000 10,492 02 May 2025 Common Stock, No Par Value 10,493 $0.000000 Direct F2
holding HTBK Employee Stock Option (right to buy) 33,009 02 May 2025 Heritage Commerce Corp - Common Stock 33,009 $10.74 Direct
holding HTBK Employee Stock Option (right to buy) 16,390 02 May 2025 Heritage Commerce Corp - Common Stock 16,390 $10.74 Direct
holding HTBK Restricted Stock Unit 26,424 02 May 2025 Common Stock, No Par Value 26,424 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 39,635 02 May 2025 Common Stock, No Par Value 39,635 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 31,477 02 May 2025 Common Stock, No Par Value 31,477 $0.000000 Direct
holding HTBK Restricted Stock Unit 29,691 02 May 2025 Common Stock, No Par Value 29,691 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 29,690 02 May 2025 Common Stock, No Par Value 29,690 $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 1,287 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.