Jones Robertson Clay JR 4
4 · HERITAGE COMMERCE CORP · Filed May 6, 2025
Insider Transaction Report
Form 4
Jones Robertson Clay JR
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, No Par Value
2025-05-02+10,493→ 264,720 total - Award
Common Stock, No Par Value
2025-05-02+1,287→ 266,007 total - Exercise/Conversion
Restricted Stock Unit
2025-05-02−10,493→ 10,492 totalExercise: $0.00From: 2024-05-02Exp: 2026-05-02→ Common Stock, No Par Value (10,493 underlying)
Holdings
- 29,690
Performance-Based Restricted Stock Unit
Exercise: $0.00From: 2028-03-10Exp: 2028-03-10→ Common Stock, No Par Value (29,690 underlying) - 39,635
Performance-Based Restricted Stock Unit
Exercise: $0.00From: 2027-03-08Exp: 2027-03-08→ Common Stock, No Par Value (39,635 underlying) - 26,424
Restricted Stock Unit
Exercise: $0.00From: 2025-03-08Exp: 2027-03-08→ Common Stock, No Par Value (26,424 underlying) - 33,009
Employee Stock Option (right to buy)
Exercise: $10.74From: 2019-10-11Exp: 2028-07-01→ Heritage Commerce Corp - Common Stock (33,009 underlying) - 31,477
Performance-Based Restricted Stock Unit
Exercise: $0.00From: 2026-05-02Exp: 2026-05-02→ Common Stock, No Par Value (31,477 underlying) - 29,691
Restricted Stock Unit
Exercise: $0.00From: 2026-03-10Exp: 2028-03-10→ Common Stock, No Par Value (29,691 underlying) - 16,390
Employee Stock Option (right to buy)
Exercise: $10.74From: 2019-10-11Exp: 2028-07-01→ Heritage Commerce Corp - Common Stock (16,390 underlying)
Footnotes (2)
- [F1]The reporting person acquired 1,287 shares of the Company's Common Stock as a result of stock dividends payable to the reporting person upon the partial vesting of the Restricted Stock Units, or RSUs grant.
- [F2]The RSUs vest annually in three equal installments commencing on May 2, 2024, the first anniversary of the holders' grant date. The remaining RSUs will vest on May 2, 2026.