SEC Form 4 · accession 0000920112-17-000005
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodney Sloan
Officer — EVP Chief Risk Officer
Period of report
Dec 15, 2016
Accepted (ET)
Jan 3, 2017 · 4:38 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 | Dec 15, 2016 | A | 5 | $47.00 | A | 2,840 | D | |
| Common StockF1 | holding | — | — | — | 2,835 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 Time-Based Restricted StockF3,F4 | — | holding | — | — | — | — | — | Common Stock | 500 | — | D |
| 2013 Time-Based Restricted StockF3,F5 | — | holding | — | — | — | — | — | Common Stock | 700 | — | D |
| 2014 Performance Based Restricted StockF3,F6 | — | holding | — | — | — | — | — | Common Stock | 850 | — | D |
| 2014 Time-Based Restricted StockF3,F7 | — | holding | — | — | — | — | — | Common Stock | 950 | — | D |
| 2015 Performance Based Restricted StockF3,F8 | — | holding | — | — | — | — | — | Common Stock | 665 | — | D |
| 2015 Time-Based Restricted StockF3,F9 | — | holding | — | — | — | — | — | Common Stock | 950 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F3,F10 | — | holding | — | — | — | — | — | Common Stock | 1,122 | — | D |
| 2016 Performance Based Restricted Stock (3-year performance)F3,F11 | — | holding | — | — | — | — | — | Common Stock | 561 | — | D |
| 2016 Time-Based Restricted StockF3,F12 | — | holding | — | — | — | — | — | Common Stock | 1,058 | — | D |
Explanation of responses
- F1These shares are held as Jt. Ten.
- F10These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.
- F11These restricted stock units vest in 2019 if certain performance measures are achieved by the Issuer.
- F12Of 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 were received as an Employee Service Award
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4Of these restricted stock units, 1/3 vest on 1-17-2015, 1/3 vest on 1-17-2016, and 1/3 vest on 1-17-2017.
- F5Of these restricted stock units, 1/3 vest on 1-22-2016, 1/3 vest on 1-22-2017, and 1/3 vest on 1-22-2018.
- F6These restricted stock units vest on 1-18-2017 if certain performance measures are achieved by the Issuer.
- F7Of 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.
- F8These restricted stock units vest on 1-18-2018 if certain performance measures are achieved by the Issuer.
- F9Of 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.