SEC Form 4 · accession 0001127602-18-036288

HERITAGE COMMERCE CORP · HTBK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 12, 2018

Accepted (ET)

Dec 14, 2018 · 4:21 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
Common Stock, No Par Value^F1	Dec 12, 2018	P	7,000	$12.991	A	90,628	D
Common Stock, No Par Value^F2	holding	—	—		—	5,300	I	Indirect By Other Beneficiary Type
Common Stock, No Par Value	holding	—	—		—	3,000	I	Indirect By Spouse
Common Stock, No Par Value	holding	—	—		—	2,900	I	Indirect By Trust
Common Stock, No Par Value	holding	—	—		—	2,000	I	Personal IRA
Common Stock, No Par Value	holding	—	—		—	4,000	I	Private Foundation
Common Stock, No Par Value	holding	—	—		—	3,500	I	SEP IRA
Common Stock, No Par Value	holding	—	—		—	7,000	I	With Son in an LLC

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 Stock, No Par Value	1,172	1,172	D
Standard Employee Option - NSO	$6.57	holding	—	—	—	Apr 30, 2013	Apr 30, 2023	Common Stock, No Par Value	2,169	2,169	D
Standard Employee Option - NSO	$8.07	holding	—	—	—	Feb 27, 2014	Feb 27, 2024	Common Stock, No Par Value	3,004	3,004	D

F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.9600 to $13.0000, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
F2Reflects shares pursuant to which the reporting person has a power of attorney. The number of shares reported excludes 11,000 shares previously reported because the reporting person no longer has a power of attorney with respect to the shares. The reporting person did not have any pecuniary interest in the 11,000 shares or the shares reported in the table and disclaims beneficial ownership to the shares.