Robertson Clay Jones JR - May 2, 2025 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
President and CEO, Director
Signature
/s/May Wong as Attorney-in-Fact
Stock symbol
HTBK
Transactions as of
May 2, 2025
Transactions value $
$0
Form type
4
Date filed
5/6/2025, 04:42 PM
Previous filing
Mar 26, 2025
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 2025-05-06 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 +10.5K +4.13% $0.00 265K May 2, 2025 Direct
transaction HTBK Common Stock, No Par Value Award $0 +1.29K +0.49% $0.00 266K May 2, 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 -10.5K -50% $0.00 10.5K May 2, 2025 Common Stock, No Par Value 10.5K $0.00 Direct F2
holding HTBK Employee Stock Option (right to buy) 33K May 2, 2025 Heritage Commerce Corp - Common Stock 33K $10.74 Direct
holding HTBK Employee Stock Option (right to buy) 16.4K May 2, 2025 Heritage Commerce Corp - Common Stock 16.4K $10.74 Direct
holding HTBK Restricted Stock Unit 26.4K May 2, 2025 Common Stock, No Par Value 26.4K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 39.6K May 2, 2025 Common Stock, No Par Value 39.6K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 31.5K May 2, 2025 Common Stock, No Par Value 31.5K $0.00 Direct
holding HTBK Restricted Stock Unit 29.7K May 2, 2025 Common Stock, No Par Value 29.7K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 29.7K May 2, 2025 Common Stock, No Par Value 29.7K $0.00 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.