SEC Form 4 · accession 0001053352-15-000038
HERITAGE COMMERCE CORP · HTBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L. Hallgrimson
Director
Period of report
Apr 28, 2015
Accepted (ET)
Apr 30, 2015 · 5:08 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Apr 28, 2015 | A | 1,768 | $0.00 | A | 79,123 | D | |
| Common | holding | — | — | — | 4,000 | I | Private Foundation | |
| Common | holding | — | — | — | 16,300 | I | Indirect by Other Beneficiary Type | |
| 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 | — | — | — | 3,300 | I | Indirect by Trust | |
| Common | holding | — | — | — | 2,000 | I | Personal IRA |
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 | 1,172 | D |
| Standard Employee Option - NSO | $6.57 | holding | — | — | — | Apr 30, 2013 | Apr 30, 2023 | Common | 0 | 2,169 | D |
| Standard Employee Option - NSO | $8.07 | holding | — | — | — | Feb 27, 2014 | Feb 27, 2024 | Common | 0 | 3,004 | D |
Explanation of responses
- F1Restricted stock vests 25% each year on an annualized basis.