SEC Form 4 · accession 0000920112-16-000425
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Saylor
Director
Period of report
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 2:32 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 StockF2,F1 | Oct 3, 2016 | S | 3,550 | $35.65 | D | 222,334 | I | Trust |
| Common StockF2,F1 | Oct 3, 2016 | S | 5,325 | $35.60 | D | 217,009 | I | Trust |
| Common StockF2,F1 | Oct 3, 2016 | S | 4,371 | $35.64 | D | 212,638 | I | Trust |
| Common StockF2,F3 | Oct 3, 2016 | S | 1,450 | $35.65 | D | 90,113 | I | Wife's Trust |
| Common StockF2,F3 | Oct 3, 2016 | S | 2,175 | $35.60 | D | 87,938 | I | Wife's Trust |
| Common StockF2,F3 | Oct 3, 2016 | S | 1,786 | $35.64 | D | 86,152 | I | Wife's Trust |
| Common StockF1 | holding | — | — | — | 225,884 | I | Trust | |
| Common StockF3 | holding | — | — | — | 91,563 | 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 Performance Based Restricted StockF4,F5 | — | holding | — | — | — | — | — | Common Stock | 1,030 | — | D |
| 2014 Time-Based Restricted StockF4,F6 | — | holding | — | — | — | — | — | Common Stock | 1,075 | — | D |
| 2015 Performance Based Restricted StockF4,F7 | — | holding | — | — | — | — | — | Common Stock | 995 | — | D |
| 2015 Time-Based Restricted StockF4,F8 | — | holding | — | — | — | — | — | Common Stock | 1,350 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F4,F9 | — | holding | — | — | — | — | — | Common Stock | 1,000 | — | D |
| 2016 Time-Based Restricted StockF4,F10 | — | holding | — | — | — | — | — | Common Stock | 1,000 | — | D |
Explanation of responses
- F1These shares are held by Kurt M. Saylor Trust dated 1-6-1998 for which Reporting Person acts as trustee.
- F10Of 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.
- F2Shares sold pursuant to 10b5-1 Plan effective July 28, 2016
- F3These shares are held by Melissa J. Saylor Trust dated 1-6-1998 for which Reporting Person's wife acts as trustee.
- F4Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F5These restricted stock units vest on 1-18-2017 if certain performance measures are achieved by the Issuer.
- F6Of 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.
- F7These restricted stock units vest on 1-18-2018 if certain performance measures are achieved by the Issuer.
- F8Of 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.
- F9These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.