SEC Form 4 · accession 0000920112-17-000236
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Saylor
Director
Period of report
Aug 10, 2017
Accepted (ET)
Aug 15, 2017 · 3:14 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 StockF1 | Aug 10, 2017 | M | 435 | $45.75 | A | 215,833 | I | Trust |
| Common StockF1 | holding | — | — | — | 215,398 | I | Trust | |
| Common StockF2 | holding | — | — | — | 85,763 | I | Wife's Trust | |
| Common Stock | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 Performance Based Restricted Stock (1-year performance)F6,F3,F5 | — | Aug 10, 2017 | M | 700 | D | — | — | Common Stock | 0 | — | D |
| 2017 Director Restricted Stock UnitF3,F4 | — | holding | — | — | — | — | — | Common Stock | 1,035 | 0 | D |
| 2016 Performance Based Restricted Stock (1-year performance)F3,F5 | — | holding | — | — | — | — | — | Common Stock | 700 | — | D |
Explanation of responses
- F1These shares are held by Kurt M. Saylor Trust dated 1-6-1998 for which Reporting Person acts as trustee.
- F2These shares are held by Melissa J. Saylor Trust dated 1-6-1998 for which Reporting Person's wife acts as trustee.
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4These restricted stock units are granted under the 2012 Long-term Incentive Plan and are subject to a one (1) year vesting schedule.
- F5These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.
- F6The vesting of these shares was accelerated per Restricted Stock Agreement dated 3/8/2016 due to qualified retirement.