SEC Form 4 · accession 0000920112-17-000074
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet M Quick
Officer — EVP, Principal Acctg Officer
Period of report
Jan 19, 2017
Accepted (ET)
Jan 23, 2017 · 5:32 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 Stock | Jan 19, 2017 | M | 199 | $46.25 | A | 8,483 | D | |
| Common Stock | Jan 20, 2017 | M | 143 | $46.85 | A | 8,626 | D | |
| Common Stock | holding | — | — | — | 8,284 | D | ||
| Common Stock | holding | — | — | — | 265 | I | Pension Plan | |
| Common StockF1 | holding | — | — | — | 421 | I | IRA | |
| Common StockF1 | holding | — | — | — | 654 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 Time-Based Restricted StockF2,F3 | — | Jan 20, 2017 | F | 234 | D | — | — | Common Stock | 233 | — | D |
| 2016 Time-Based Restricted StockF2,F8 | — | Jan 19, 2017 | F | 325 | D | — | — | Common Stock | 649 | — | D |
| 2013 Time-Based Restricted StockF2,F3 | — | holding | — | — | — | — | — | Common Stock | 467 | — | D |
| 2014 Time-Based Restricted StockF2,F4 | — | holding | — | — | — | — | — | Common Stock | 650 | — | D |
| 2015 Time-Based Restricted StockF2,F5 | — | holding | — | — | — | — | — | Common Stock | 650 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F2,F6 | — | holding | — | — | — | — | — | Common Stock | 1,084 | — | D |
| 2016 Performance Based Restricted Stock (3-year performance)F2,F7 | — | holding | — | — | — | — | — | Common Stock | 516 | — | D |
| 2016 Time-Based Restricted StockF2,F8 | — | holding | — | — | — | — | — | Common Stock | 974 | — | D |
| 2017 Time-Based Restricted StockF2,F9 | — | holding | — | — | — | — | — | Common Stock | 650 | — | D |
Explanation of responses
- F1Based on a plan statement dated October 2016
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3Of 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.
- F4Of 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.
- F5Of 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.
- F6These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.
- F7These restricted stock units vest in 2019 if certain performance measures are achieved by the Issuer.
- F8Of 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.
- F9Of these restricted stock units, 1/3 vest in 01-2018, 1/3 vest in 01-2019 and 1/3 vest in 01-2020.