SEC Form 4 · accession 0001212393-15-000002
HEARTLAND EXPRESS INC · HTLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Gerdin
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 8:51 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000799233
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 15, 2015 | G | 887,407 | $0.00 | D | 15,070,222 | I | Trustee of GRATs |
| Common StockF2 | holding | — | — | — | 8,046,816 | I | Beneficiary of Trust | |
| Common StockF3 | holding | — | — | — | 29,984 | I | Trustee of Trust | |
| Common StockF4 | holding | — | — | — | 2,043,372 | I | Beneficiary of Trust | |
| Common StockF5 | holding | — | — | — | 562,669 | I | Beneficiary of Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1An annuity distribution of 887,407 shares was made from a grantor retained annuity trust created for the benefit of Ann Gerdin. The reporting person serves as trustee over this GRAT and has no pecuniary interest other than in the remainder interest, if any. As trustee, Mr. Gerdin has voting and dispositive powers with respect to the GRAT. This transaction does not constitute a gift to the reporting person. Benefical ownership is disclaimed.
- F2The reporting person is one of the beneficiaries of the 2009 Gerdin Heartland Trust. Mr. Gerdin does not have voting and dispositive powers with respect to this trust. Lawrence D. Crouse serves as trustee. Beneficial ownership is disclaimed.
- F3The reporting person is trustee over shares held by trusts created for the benefit of his children. As trustee, Mr. Gerdin has shared voting and dispositive powers with respect to each trust. Beneficial ownership is disclaimed.
- F4The reporting person is one of the beneficiaries of the 2005 Gerdin Children's Trust. Mr. Gerdin does not have voting and dispositive powers with respect to this trust. Lawrence D. Crouse serves as trustee. Beneficial ownership is disclaimed.
- F5The reporting person is one of the beneficiaries of the 2007 Gerdin Heartland Trust. Mr. Gerdin does not have voting and dispositive powers with respect to this trust. Lawrence D. Crouse serves as trustee. Benefiicial ownership is disclaimed.