Ann S. Gerdin Revocable Trust - Dec 31, 2021 Form 5 Insider Report for HEARTLAND EXPRESS INC (HTLD)

Role
Co-Trustee of 10% Owner, 10%+ Owner
Signature
/s/Michael Gerdin, Co-Trustee of the Ann S. Gerdin Revocable Trust, by Chris Strain, pursuant to power of attorney previously filed
Stock symbol
HTLD
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/11/2022, 08:59 AM
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLD Common Stock Gift $0 -7M -48.35% $0.00 7.48M Jul 12, 2021 Direct F1, F2
transaction HTLD Common Stock Gift $0 +1.23M +16.42% $0.00 8.71M Dec 1, 2021 Direct F2, F3
holding HTLD Common Stock 4.25M Dec 31, 2021 Co-Trustee of Trust F4
holding HTLD Common Stock 38.4K Dec 31, 2021 Trustee of Trusts F5
holding HTLD Common Stock 38.4K Dec 31, 2021 Trustee of Trusts F6
holding HTLD Common Stock 5M Dec 31, 2021 Co-Trustee of Trust F7
holding HTLD Common Stock 7.81K Dec 31, 2021 By Spouse F8
holding HTLD Common Stock 1.94M Dec 31, 2021 Co-General Partner of Partnership F9
holding HTLD Common Stock 681K Dec 31, 2021 Direct F10
holding HTLD Common Stock 681K Dec 31, 2021 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Ann S. Gerdin Revocable Trust transferred shares to two grantor retained annuity trusts (GRATs) for the benefit of Anne S. Gerdin.
F2 Michael Gerdin, Mrs. Durr, Mrs. Janssen, and Mrs. Gerdin serve as co-trustees over shares held by the Ann S. Gerdin Revocable Trust. As co-trustees, they have shared voting and dispositive powers with respect to this trust. Beneficial ownership is disclaimed for Mr. Gerdin, Mrs. Durr, and Mrs. Janssen.
F3 Annuity distributions made from grantor retained annuity trusts (GRATs) created for the benefit of Ann Gerdin.
F4 Mr. Gerdin, Mrs. Durr, and Mrs. Janssen are the beneficiaries of the 2009 Gerdin Heartland Trust. Mr. Gerdin, Mrs. Durr, and Mrs. Janssen serve as co-trustees over shares held by the trust. Beneficial ownership is disclaimed with respect to this trust because none of the trustees have the power to vote or dispose shares without consent of the other two trustees.
F5 Mrs. Janssen is the trustee of trusts created for the benefit of her children. As trustee, Mrs. Janssen has voting and dispositive powers with respect to this trust. Beneficial ownership is disclaimed.
F6 Mrs. Durr is the trustee of trusts created for the benefit of her children. As trustee, Mrs. Durr has voting and dispositive powers with respect to this trust. Beneficial ownership is disclaimed.
F7 Mr. Gerdin, Mrs. Durr, and Mrs. Janssen are the beneficiaries of the 2007 Gerdin Heartland Trust. Mr. Gerdin, Mrs. Durr, and Mrs. Janssen serve as co-trustees over shares held by the trust. Beneficial ownership is disclaimed with respect to this trust because none of the trustees have the power to vote or dispose shares without the consent of the other two trustees.
F8 Mrs. Janssen's husband owns these shares. Beneficial ownership of these shares is disclaimed.
F9 The Ann S. Gerdin Revocable Trust, Mr. Gerdin, Mrs. Durr, and Mrs. Janssen are co-general partners of Gerdin Family Investments LP. None of the Ann S. Gerdin Revocable Trust, Mr. Gerdin, Mrs. Durr, or Mrs. Janssen has voting and dispositive powers with respect to this partnership without consent of the majority of the other co-general partners. Beneficial ownership is disclaimed except to the extent of each such reporting person's percentage ownership of general and limited partner shares in the partnership.
F10 Mrs. Janssen's directly owned shares.
F11 Mrs. Durr's directly owned shares.