HEARTLAND FINANCIAL USA INC 4
4 · HEARTLAND FINANCIAL USA INC · Filed Jan 19, 2017
Insider Transaction Report
Form 4
Johnson Kelly J
EVP,Private Client Services Sr
Transactions
- Award
Common Stock
2016-12-30$31.68/sh+789$24,996→ 3,731 total
Holdings
2015 Time-Based Restricted Stock
→ Common Stock (1,500 underlying)- 2,942
Common Stock
2016 Performance Based Restricted Stock (1-year performance)
→ Common Stock (1,531 underlying)2017 Time-Based Restricted Stock
→ Common Stock (936 underlying)2015 Performance Based Restricted Stock
→ Common Stock (1,050 underlying)2016 Performance Based Restricted Stock (3-year performance)
→ Common Stock (729 underlying)2016 Time-Based Restricted Stock
→ Common Stock (1,376 underlying)
Footnotes (8)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F2]These restricted stock units vest on 1-18-2018 if certain performance measures are achieved by the Issuer.
- [F3]Of 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.
- [F4]These restricted stock units vest on 1-19-2019 if certain performance measures are achieved by the Issuer.
- [F5]Reflects the addition of 72 shares earned in 2016 based on exceeding target performance metrics.
- [F6]These restricted stock units vest in 2019 if certain performance measures are achieved by the Issuer.
- [F7]Of 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.
- [F8]Of these restricted stock units, 1/3 vest in 01-2018, 1/3 vest in 01-2019 and 1/3 vest in 01-2020.