SEC Form 4 · accession 0000920112-17-000105
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark G Murtha
Officer — EVP HR and Org Development
Period of report
Mar 1, 2017
Accepted (ET)
Mar 2, 2017 · 5:23 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 | holding | — | — | — | 5,833 | D |
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 StockF1,F2,F3 | — | Mar 1, 2017 | J | 1,375 | D | — | — | Common Stock | 0 | — | D |
| 2015 Performance Based Restricted StockF1,F4,F3 | — | Mar 1, 2017 | J | 963 | D | — | — | Common Stock | 0 | — | D |
| 2015 Time-Based Restricted StockF1,F5,F3 | — | Mar 1, 2017 | J | 1,375 | D | — | — | Common Stock | 0 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F1,F6,F3 | — | Mar 1, 2017 | J | 1,236 | D | — | — | Common Stock | 0 | — | D |
| 2016 Performance Based Restricted Stock (3-year performance)F1,F7,F3 | — | Mar 1, 2017 | J | 589 | D | — | — | Common Stock | 0 | — | D |
| 2016 Time-Based Restricted StockF1,F8,F3 | — | Mar 1, 2017 | J | 741 | D | — | — | Common Stock | 0 | — | D |
| 2017 Time-Based Restricted StockF1,F9,F3 | — | Mar 1, 2017 | J | 770 | D | — | — | Common Stock | 0 | — | D |
| 2014 Time-Based Restricted StockF1,F2 | — | holding | — | — | — | — | — | Common Stock | 1,375 | — | D |
| 2015 Performance Based Restricted StockF1,F4 | — | holding | — | — | — | — | — | Common Stock | 963 | — | D |
| 2015 Time-Based Restricted StockF1,F5 | — | holding | — | — | — | — | — | Common Stock | 1,375 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F1,F6 | — | holding | — | — | — | — | — | Common Stock | 1,236 | — | D |
| 2016 Performance Based Restricted Stock (3-year performance)F1,F7 | — | holding | — | — | — | — | — | Common Stock | 589 | — | D |
| 2016 Time-Based Restricted StockF1,F8 | — | holding | — | — | — | — | — | Common Stock | 741 | 741 | D |
| 2017 Time-Based Restricted StockF1,F9 | — | holding | — | — | — | — | — | Common Stock | 770 | — | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2Of 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.
- F3Forfeiture of Restricted Stock Units upon termination of employment
- F4These restricted stock units vest on 1-18-2018 if certain performance measures are achieved by the Issuer.
- 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.