Jones Robertson Clay JR 4
4 · HERITAGE COMMERCE CORP · Filed May 6, 2025
Insider Transaction Report
Form 4
Jones Robertson Clay JR
President and CEO
Transactions
- Exercise/Conversion
Common Stock, No Par Value
2025-05-02+10,493→ 264,720 total - Award
Common Stock, No Par Value
[F1]2025-05-02+1,287→ 266,007 total - Exercise/Conversion
Restricted Stock Unit
[F2]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
- 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) - 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) - 26,424
Restricted Stock Unit
Exercise: $0.00From: 2025-03-08Exp: 2027-03-08→ Common Stock, No Par Value (26,424 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) - 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) - 29,690
Performance-Based Restricted Stock Unit
Exercise: $0.00From: 2028-03-10Exp: 2028-03-10→ Common Stock, No Par Value (29,690 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.
Signature
/s/May Wong as Attorney-in-Fact|2025-05-06