HEARTLAND BANCORP, INC. VOTING TRUST U/A/D 5/4/2016 4
4 · HBT Financial, Inc. · Filed Mar 16, 2020
Insider Transaction Report
Form 4
DRAKE FRED L
DirectorExecutive Chairman10% Owner
Transactions
- Purchase
Common Stock, $0.01 par value
2020-03-12$12.19/sh+10,000$121,900→ 20,000 total(indirect: By Trust)
Holdings
- 12,000
Common Stock, $0.01 par value
- 17,210,400(indirect: See Footnote)
Common Stock, $0.01 par value
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $12.04 to $12.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]Consists of shares of common stock held by the Heartland Bancorp, Inc. Voting Trust U/A/D May 4, 2016 (the "Voting Trust"). Mr. Drake is the trustee of the Voting Trust and exercises sole voting and investment control over the common stock held thereby. Mr. Drake may be deemed to be the beneficial owner of securities held by the Voting Trust to the extent that he or his immediate family members are beneficiaries of such trust. Mr. Drake disclaims beneficial ownership of the shares held by the Voting Trust except to the extent of his pecuniary interest therein.