SEC Form 4/A · accession 0000920112-16-000370
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Kurt Saylor
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jul 21, 2016 · 4:46 pm EDT
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 | Jun 1, 2016 | S | 2,839 | $35.03 | D | 387,409 | I | Trust |
| Common StockF1,F3 | Jun 1, 2016 | S | 1,160 | $35.03 | D | 157,538 | I | Wife's Trust |
| Common StockF1,F2 | Jun 1, 2016 | S | 3,550 | $35.18 | D | 383,859 | I | Trust |
| Common StockF1,F3 | Jun 1, 2016 | S | 1,450 | $35.18 | D | 156,088 | I | Wife's Trust |
| Common StockF1,F2 | Jun 6, 2016 | S | 7,100 | $35.64 | D | 376,759 | I | Trust |
| Common StockF1,F3 | Jun 6, 2016 | S | 2,900 | $35.64 | D | 153,188 | I | Wife's Trust |
| Common StockF1,F2 | Jun 6, 2016 | S | 8,875 | $35.63 | D | 367,884 | I | Trust |
| Common StockF1,F3 | Jun 6, 2016 | S | 3,625 | $35.63 | D | 149,563 | I | Wife's Trust |
| Common StockF1,F2 | Jun 13, 2016 | S | 3,692 | $34.83 | D | 364,192 | I | Trust |
| Common StockF1,F3 | Jun 13, 2016 | S | 1,508 | $34.83 | D | 148,055 | I | Wife's Trust |
| Common StockF1,F2 | Jun 13, 2016 | S | 2,130 | $35.10 | D | 362,062 | I | Trust |
| Common StockF1,F3 | Jun 13, 2016 | S | 870 | $35.10 | D | 147,185 | I | Wife's Trust |
| Common StockF1,F2 | Jun 14, 2016 | S | 1,633 | $34.32 | D | 360,429 | I | Trust |
| Common StockF1,F3 | Jun 14, 2016 | S | 667 | $34.32 | D | 146,518 | I | Wife's Trust |
| Common StockF1,F2 | Jun 14, 2016 | S | 3,550 | $34.24 | D | 356,879 | I | Trust |
| Common StockF1,F3 | Jun 14, 2016 | S | 1,450 | $34.24 | D | 145,068 | I | Wife's Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 Time-Based Restricted StockF4,F5 | — | holding | — | — | — | — | — | Common Stock | 1,075 | — | D |
| 2014 Performance Based Restricted StockF4,F6 | — | holding | — | — | — | — | — | Common Stock | 1,030 | — | D |
| 2015 Time-Based Restricted StockF4,F7 | — | holding | — | — | — | — | — | Common Stock | 1,350 | — | D |
| 2015 Performance Based Restricted StockF4,F8 | — | holding | — | — | — | — | — | Common Stock | 995 | — | D |
| 2016 Time-Based Restricted StockF4,F9 | — | holding | — | — | — | — | — | Common Stock | 1,000 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F4,F10 | — | holding | — | — | — | — | — | Common Stock | 1,000 | — | D |
Explanation of responses
- F1Shares sold pursuant to 10b5-1 Plan effective April 27, 2016
- F10These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.
- F2Shares held by Kurt M. Saylor Trust dated 1/6/1998 for which the Reporting Person acts as trustee.
- F3Shares held by Melissa J. Saylor Trust dated 1/6/1998 for which the Reporting Person's wife acts as trustee.
- F4Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F5Of these restricted stock units, 1/3 vest on 3-11-2017, 1/3 vest on 3-11-2018, and 1/3 vest on 3-11-2019.
- F6These restricted stock units vest on 12-31-2016 if certain performance measures are achieved by the Issuer.
- F7Of these restricted stock units, 1/3 vest on 1-20-2018, 1/3 vest on 1-20-2019, and 1/3 vest on 1-20-2020.
- F8These restricted stock units vest on 12-31-2017 if certain performance measures are achieved by the Issuer.
- F9Of these restricted stock units, 1/3 vest on 1-19-2017, 1/3 vest on 1-19-2018, and 1/3 vest on 1-19-2019.
Remarks
This report is the first of two Form 4/A report filings reflecting sales of the Issuer's common stock by the Reporting Person made from 5-2-2016 through 6-14-2016.