SEC Form 4 · accession 0000920112-17-000042
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Fox
Officer — EVP, Operations
Period of report
Dec 30, 2016
Accepted (ET)
Jan 19, 2017 · 5:01 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 StockF4,F2,F3 | Dec 30, 2016 | A | 586 | $31.68 | A | 7,216 | I | Trust |
| Common StockF2,F3 | Jan 17, 2017 | M | 358 | $45.75 | A | 7,574 | I | Trust |
| Common StockF2,F3 | Jan 18, 2017 | M | 807 | $46.40 | A | 8,381 | I | Trust |
| Common StockF1 | holding | — | — | — | 2,000 | D | ||
| Common StockF2,F3 | holding | — | — | — | 6,630 | I | Trust |
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 StockF5,F6 | — | Jan 17, 2017 | F | 584 | D | — | — | Common Stock | 0 | — | D |
| 2014 Performance Based Restricted StockF5,F8 | — | Jan 17, 2017 | F | 1,316 | D | — | — | Common Stock | 0 | — | D |
| 2012 Time-Based Restricted StockF5,F6 | — | holding | — | — | — | — | — | Common Stock | 584 | — | D |
| 2013 Time-Based Restricted StockF5,F7 | — | holding | — | — | — | — | — | Common Stock | 980 | — | D |
| 2014 Performance Based Restricted StockF5,F8 | — | holding | — | — | — | — | — | Common Stock | 1,316 | — | D |
| 2014 Time-Based Restricted StockF5,F9 | — | holding | — | — | — | — | — | Common Stock | 1,470 | — | D |
| 2015 Performance Based Restricted StockF5,F10 | — | holding | — | — | — | — | — | Common Stock | 1,225 | — | D |
| 2015 Time-Based Restricted StockF5,F11 | — | holding | — | — | — | — | — | Common Stock | 1,750 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F5,F12,F13 | — | holding | — | — | — | — | — | Common Stock | 1,465 | — | D |
| 2016 Performance Based Restricted Stock (3-year performance)F5,F14 | — | holding | — | — | — | — | — | Common Stock | 698 | — | D |
| 2016 Time-Based Restricted StockF5,F15 | — | holding | — | — | — | — | — | Common Stock | 1,316 | — | D |
| 2017 Time-Based Restricted StockF5,F16 | — | holding | — | — | — | — | — | Common Stock | 896 | — | D |
Explanation of responses
- F1These shares are held in an IRA.
- F10These restricted stock units vest on 1-18-2018 if certain performance measures are achieved by the Issuer.
- F11Of 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.
- F12These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.
- F13Reflects the addition of 69 shares earned in 2016 based on exceeding target performance metrics.
- F14These restricted stock units vest in 2019 if certain performance measures are achieved by the Issuer.
- F15Of 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.
- F16Of these restricted stock units, 1/3 vest in 01-2018, 1/3 vest in 01-2019 and 1/3 vest in 01-2020.
- F2These shares participate in a Dividend Reinvestment Plan.
- F3These shares held by Fox Revocable Trust dated 11/19/2001, Brian J Fox and Brenda J Fox, Trustees
- F4These shares were acquired through the Company's Employee Stock Purchase Plan.
- F5Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F6Of 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.
- F7Of 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.
- F8These restricted stock units vest on 1-18-2017 if certain performance measures are achieved by the Issuer.
- F9Of 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.