SEC Form 4 · accession 0000920112-18-000049
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce K Lee
Officer — PRESIDENT
Period of report
Jan 19, 2018
Accepted (ET)
Jan 23, 2018 · 1:47 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 20, 2018 | M | 1,333 | $55.50 | A | 7,899 | D | |
| Common Stock | Jan 19, 2018 | M | 1,242 | $55.50 | A | 9,141 | D | |
| Common Stock | Jan 19, 2018 | M | 1,090 | $55.50 | A | 10,231 | D | |
| Common Stock | holding | — | — | — | 6,566 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 Time-Based Restricted StockF1,F2 | — | Jan 19, 2018 | F | 1,090 | D | — | — | Common Stock | 2,181 | 0 | D |
| 2016 Time-Based Restricted StockF1,F5 | — | Jan 19, 2018 | F | 1,242 | D | — | — | Common Stock | 1,242 | — | D |
| 2015 Time-Based Restricted StockF1,F8 | — | Jan 20, 2018 | F | 1,333 | D | — | — | Common Stock | 2,667 | — | D |
| 2017 Time-Based Restricted StockF1,F2 | — | holding | — | — | — | — | — | Common Stock | 3,271 | 2,789 | D |
| 2017 Performance Based Restricted Stock (3-year performance)F1,F3 | — | holding | — | — | — | — | — | Common Stock | 1,635 | — | D |
| 2017 Performance Based Restricted Stock (1-year performance)F1,F4 | — | holding | — | — | — | — | — | Common Stock | 1,996 | — | D |
| 2016 Time-Based Restricted StockF1,F5 | — | holding | — | — | — | — | — | Common Stock | 2,484 | — | D |
| 2016 Performance Based Restricted Stock (3-year performance)F1,F6 | — | holding | — | — | — | — | — | Common Stock | 1,976 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F1,F7 | — | holding | — | — | — | — | — | Common Stock | 4,148 | — | D |
| 2015 Time-Based Restricted StockF1,F8 | — | holding | — | — | — | — | — | Common Stock | 4,000 | — | 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 in 01-2018, 1/3 vest in 01-2019 and 1/3 vest in 01-2020.
- F3These restricted stock units vest in 2020 if certain performance measures are achieved by the Issuer.
- F4These restricted stock units vest on 1-19-2020 if certain performance measures are achieved by the Issuer.
- F5Of 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.
- F6These restricted stock units vest in 2019 if certain performance measures are achieved by the Issuer.
- F7These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.
- F8Of 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.