SEC Form 4 · accession 0000920112-19-000034

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

Jan 22, 2019

Accepted (ET)

Jan 24, 2019 · 7:54 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^F2,F1	Jan 22, 2019	A	406	$41.75	A	25,061	D
Common Stock	Jan 22, 2019	M	921	$47.54	A	25,982	D
Common Stock	Jan 22, 2019	M	436	$47.54	A	26,418	D
Common Stock	Jan 22, 2019	M	270	$47.54	A	26,688	D
Common Stock	Jan 22, 2019	M	225	$47.54	A	26,913	D
Common Stock	Jan 22, 2019	M	297	$47.54	A	27,210	D
Common Stock	holding	—	—		—	1,163	I	401(k)
Common Stock^F1	holding	—	—		—	24,655	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 Stock^F3,F7	—	Jan 22, 2019	F	345	D	—	—	Common Stock	344	0	D
2016 Time-Based Restricted Stock^F3,F10,F11	—	Jan 22, 2019	F	667	D	—	—	Common Stock	0	0	D
2016 Time-Based Restricted Stock^F3,F10	—	Jan 22, 2019	F	413	D	—	—	Common Stock	0	0	D
2016 Performance Based Restricted Stock (1-year performance)^F3,F12	—	Jan 22, 2019	F	1,379	D	—	—	Common Stock	0	—	D
2015 Time-Based Restricted Stock^F3,F13	—	Jan 22, 2019	F	416	D	—	—	Common Stock	417	0	D
2018 Time-Based Restricted Stock^F3,F4	—	holding	—	—	—	—	—	Common Stock	785	0	D
2018 Performance Based Restricted Stock (3-year performance)^F3,F5	—	holding	—	—	—	—	—	Common Stock	1,047	0	D
2018 Performance Based Restricted Stock (1-year performance)^F3,F6	—	holding	—	—	—	—	—	Common Stock	785	0	D
2017 Time-Based Restricted Stock^F3,F7	—	holding	—	—	—	—	—	Common Stock	689	0	D
2017 Performance Based Restricted Stock (3-year performance)^F3,F8	—	holding	—	—	—	—	—	Common Stock	516	—	D
2017 Performance Based Restricted Stock (1-year performance)^F3,F9	—	holding	—	—	—	—	—	Common Stock	631	—	D
2016 Time-Based Restricted Stock^F3,F10,F11	—	holding	—	—	—	—	—	Common Stock	667	0	D
2016 Time-Based Restricted Stock^F3,F10	—	holding	—	—	—	—	—	Common Stock	413	0	D
2016 Performance Based Restricted Stock (3-year performance)^F3,F12	—	holding	—	—	—	—	—	Common Stock	657	—	D
2016 Performance Based Restricted Stock (1-year performance)^F3,F12	—	holding	—	—	—	—	—	Common Stock	1,379	—	D
2015 Time-Based Restricted Stock^F3,F13	—	holding	—	—	—	—	—	Common Stock	833	0	D
2014 Time-Based Restricted Stock^F3,F14	—	holding	—	—	—	—	—	Common Stock	417	0	D

Explanation of responses

F1These shares are held in Jt. Ten.
F10Of 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.
F11These restricted stock units were granted outside of the annual awarding of restricted stock units due to employment change.
F12These restricted stock units vest in 2019 if certain performance measures are achieved by the Issuer.
F13Of 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.
F14Of 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.
F2Includes shares purchased through the Employee Stock Purchase Program
F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F4Of 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.
F5These restricted stock units vest in 2021 if certain performance measures are achieved by the Issuer.
F6These restricted stock units vest on 3-6-2021 if certain performance measures are achieved by the Issuer.
F7Of these restricted stock units, 1/3 vest in 01-2018, 1/3 vest in 01-2019 and 1/3 vest in 01-2020.
F8These restricted stock units vest in 2020 if certain performance measures are achieved by the Issuer.
F9These restricted stock units vest on 1-19-2020 if certain performance measures are achieved by the Issuer.