Hallgrimson Steven L. 4
4 · HERITAGE COMMERCE CORP · Filed Dec 14, 2018
Insider Transaction Report
Form 4
Hallgrimson Steven L.
Director
Transactions
- Purchase
Common Stock, No Par Value
2018-12-12$12.99/sh+7,000$90,937→ 90,628 total
Holdings
- 5,300(indirect: Indirect By Other Beneficiary Type)
Common Stock, No Par Value
- 3,000(indirect: By Spouse)
Common Stock, No Par Value
- 2,900(indirect: By Trust)
Common Stock, No Par Value
- 2,000(indirect: By IRA)
Common Stock, No Par Value
- 4,000(indirect: By Foundation)
Common Stock, No Par Value
- 3,500(indirect: By IRA)
Common Stock, No Par Value
- 7,000(indirect: By LLC)
Common Stock, No Par Value
- 1,172
Standard Employee Option - NSO
Exercise: $6.39From: 2012-05-01Exp: 2022-05-01→ Common Stock, No Par Value (1,172 underlying) - 2,169
Standard Employee Option - NSO
Exercise: $6.57From: 2013-04-30Exp: 2023-04-30→ Common Stock, No Par Value (2,169 underlying) - 3,004
Standard Employee Option - NSO
Exercise: $8.07From: 2014-02-27Exp: 2024-02-27→ Common Stock, No Par Value (3,004 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.9600 to $13.0000, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]Reflects shares pursuant to which the reporting person has a power of attorney. The number of shares reported excludes 11,000 shares previously reported because the reporting person no longer has a power of attorney with respect to the shares. The reporting person did not have any pecuniary interest in the 11,000 shares or the shares reported in the table and disclaims beneficial ownership to the shares.