MCGOVERN LAWRENCE D 4
4 · HERITAGE COMMERCE CORP · Filed Nov 18, 2022
Insider Transaction Report
Form 4
MCGOVERN LAWRENCE D
Chief Financial Officer
Transactions
- Exercise/Conversion
Standard Employee Option - NSO
2022-11-17−15,000→ 0 totalExercise: $6.57From: 2013-04-30Exp: 2023-04-30→ Common Stock, No Par Value (15,000 underlying) - Sale
Common Stock, No Par Value
2022-11-17$14.59/sh−22,500$328,343→ 97,029 total(indirect: By Trust) - Exercise/Conversion
Standard Employee Option - NSO
2022-11-17−15,000→ 0 totalExercise: $8.07From: 2014-02-27Exp: 2024-02-27→ Common Stock, No Par Value (15,000 underlying) - Exercise/Conversion
Common Stock, No Par Value
2022-11-17$6.57/sh+15,000$98,550→ 104,529 total(indirect: By Trust) - Exercise/Conversion
Common Stock, No Par Value
2022-11-17$8.07/sh+15,000$121,050→ 119,529 total(indirect: By Trust)
Holdings
- 32,702
Common Stock, No Par Value
- 4,980(indirect: By IRA)
Common Stock, No Par Value
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.5580 to $14.6108, 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 sold at each separate price within the range set forth in footnote (1) to this Form 4.