SEC Form 4 · accession 0001212393-15-000026
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
Dec 18, 2015
Accepted (ET)
Dec 21, 2015 · 5:52 pm 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 | Dec 18, 2015 | G | 3,786,013 | $0.00 | D | 18,269,093 | I | Trustee of GRATs |
| Common StockF3 | Dec 18, 2015 | G | 2,107,282 | $0.00 | A | 2,669,951 | I | Beneficiary of Trust |
| Common StockF4 | holding | — | — | — | 32,584 | I | Trustee of Trust | |
| Common StockF5 | holding | — | — | — | 4,802,738 | I | Beneficiary of Trust | |
| Common StockF6 | holding | — | — | — | 2,043,372 | I | Beneficiary of Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1An annuity distribution of 3,786,013 shares, including remainder interest of 2,107,282 shares, was distributed from a grantor retained annuity trust created for the benefit of Ann S. Gerdin. The reporting person serves as trustee and has no pecuniary interest other than a remainder interest, if any. As trustee, Mr. Gerdin has voting and dispositive powers with respect to the GRAT.
- F2A remainder interest of 2,107,282 was distributed from a grantor retained annuity trust created for the benefit of Ann S. Gerdin.
- F3The 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. Beneficial ownership is disclaimed.
- F4The reporting person is co-trustee over shares held by trusts created for the benefit of his children. As co-trustee, Mr. Gerdin has shared voting and dispositive powers with respect to each trust. Beneficial ownership is disclaimed.
- F5The reporting person is one of the beneficiaries of the 2009 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.
- F6The 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 the trustee. Beneficial ownership is disclaimed.