SEC Form 4 · accession 0001127602-18-016165
HERITAGE COMMERCE CORP · HTBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margo G. Butsch
Officer — EVP/Chief Credit Officer
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 1:37 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2018 | A | 7,000 | $0.00 | A | 7,000 | D |
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 | $10.34 | holding | — | — | — | May 3, 2016 | May 3, 2026 | Common Stock | 3,000 | 3,000 | D |
| Standard Employee Option - NSO | $14.48 | holding | — | — | — | May 2, 2017 | May 2, 2027 | Common Stock | 8,000 | 8,000 | D |
Explanation of responses
- F1Restricted stock vests 25% each year on an annualized basis.