SEC Form 4 · accession 0000920112-16-000296
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew E Townsend
Officer — EVP, Chief Credit Officer
Period of report
Mar 8, 2016
Accepted (ET)
Mar 9, 2016 · 1:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4,F5 | Mar 8, 2016 | A | 1,971 | $0.00 | A | 31,584 | D | |
| Common Stock | holding | — | — | — | 1,163 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right To Buy)F6 | $18.60 | holding | — | — | — | — | Jan 24, 2018 | Common Stock | 1,000 | 1,000 | D |
| Non-Qualified Stock Option (Right To Buy)F6 | $29.65 | holding | — | — | — | — | Jan 16, 2017 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1These shares are held jointly with reporting person's spouse.
- F2These shares participate in a Dividend Reinvestment Plan.
- F3Includes 7,297 Time Based Restricted Stock Units (RSU). Each RSU represents the right to receive one share of common stock.
- F4Includes 3,965 shares of Performance Based Restricted Stock.
- F5Reflects the forfeiture of 375 Performance Based Restricted Stock Units granted but not earned in 2015.
- F6Represents options to buy granted under the Company's Stock Option Plan, a Rule 16(b)(3) plan, which options vest one-third per year beginning on the 3rd anniversary of date of grant.