SEC Form 5 · accession 0001053352-15-000005
HERITAGE COMMERCE CORP · HTBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L. Hallgrimson
Director
Period of report
Dec 22, 2014
Accepted (ET)
Feb 12, 2015 · 12:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053352
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF2 | Nov 22, 2011 | P | 1,000 | $4.469 | A | 71,700 | D | |
| CommonF1 | Dec 22, 2014 | S | 1,000 | $8.78 | D | 16,300 | I | Indirect by Other Beneficiary Type |
| Common | holding | — | — | — | 4,000 | I | Private Foundation | |
| Common | holding | — | — | — | 7,000 | I | with Son in an LLC | |
| Common | holding | — | — | — | 3,000 | I | Owned by Spouse | |
| Common | holding | — | — | — | 3,500 | I | SEP IRA | |
| Common | holding | — | — | — | 2,000 | I | Personal IRA | |
| Common | holding | — | — | — | 3,300 | I | Indirect by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Standard Employee Option - NSO | $6.39 | holding | — | — | — | May 1, 2012 | May 1, 2022 | Common | 0 | 4,000 | D |
| Standard Employee Option - NSO | $6.57 | holding | — | — | — | Apr 30, 2013 | Apr 30, 2023 | Common | 0 | 4,000 | D |
| Standard Employee Option - NSO | $8.07 | holding | — | — | — | Feb 27, 2014 | Feb 27, 2024 | Common | 0 | 4,000 | D |
Explanation of responses
- F1The transaction was made on behalf of the reporting person in a discretionary account.
- F2This purchase occurred on 11/22/2011 which should be reported.