SEC Form 4 · accession 0000920112-18-000124
HEARTLAND FINANCIAL USA INC · HTLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew E Townsend
Officer — EVP, Chief Credit Officer
Period of report
Mar 11, 2018
Accepted (ET)
Mar 16, 2018 · 5:28 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 Stock | Mar 11, 2018 | M | 294 | $56.00 | A | 26,155 | D | |
| Common StockF1 | holding | — | — | — | 25,861 | D | ||
| Common Stock | holding | — | — | — | 1,163 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 Time-Based Restricted StockF2,F13 | — | Mar 11, 2018 | F | 416 | D | — | — | Common Stock | 417 | 0 | D |
| 2018 Time-Based Restricted StockF2,F3 | — | holding | — | — | — | — | — | Common Stock | 785 | 0 | D |
| 2018 Performance Based Restricted Stock (3-year performance)F2,F4 | — | holding | — | — | — | — | — | Common Stock | 1,047 | 0 | D |
| 2018 Performance Based Restricted Stock (1-year performance)F2,F5 | — | holding | — | — | — | — | — | Common Stock | 785 | 0 | D |
| 2017 Time-Based Restricted StockF2,F6 | — | holding | — | — | — | — | — | Common Stock | 689 | 0 | D |
| 2017 Performance Based Restricted Stock (3-year performance)F2,F7 | — | holding | — | — | — | — | — | Common Stock | 516 | — | D |
| 2017 Performance Based Restricted Stock (1-year performance)F2,F8 | — | holding | — | — | — | — | — | Common Stock | 631 | — | D |
| 2016 Time-Based Restricted StockF2,F9,F10 | — | holding | — | — | — | — | — | Common Stock | 667 | 0 | D |
| 2016 Time-Based Restricted StockF2,F9 | — | holding | — | — | — | — | — | Common Stock | 413 | 0 | D |
| 2016 Performance Based Restricted Stock (3-year performance)F2,F11 | — | holding | — | — | — | — | — | Common Stock | 657 | — | D |
| 2016 Performance Based Restricted Stock (1-year performance)F2,F11 | — | holding | — | — | — | — | — | Common Stock | 1,379 | — | D |
| 2015 Time-Based Restricted StockF2,F12 | — | holding | — | — | — | — | — | Common Stock | 833 | 0 | D |
| 2014 Time-Based Restricted StockF2,F13 | — | holding | — | — | — | — | — | Common Stock | 833 | 0 | D |
Explanation of responses
- F1These shares are held in Jt. Ten.
- F10These restricted stock units were granted outside of the annual awarding of restricted stock units due to employment change.
- F11These restricted stock units vest in 2019 if certain performance measures are achieved by the Issuer.
- F12Of 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.
- F13Of 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.
- 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 3-6-2019, 1/3 vest on 3-6-2020, and 1/3 vest on 3-6-2021.
- F4These restricted stock units vest in 2021 if certain performance measures are achieved by the Issuer.
- F5These restricted stock units vest on 3-6-2021 if certain performance measures are achieved by the Issuer.
- F6Of these restricted stock units, 1/3 vest in 01-2018, 1/3 vest in 01-2019 and 1/3 vest in 01-2020.
- F7These restricted stock units vest in 2020 if certain performance measures are achieved by the Issuer.
- F8These restricted stock units vest on 1-19-2020 if certain performance measures are achieved by the Issuer.
- F9Of 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.