Robertson Clay Jones JR - 02 May 2024 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
President and CEO, Director
Signature
/s/ Debbie Reuter as Attorney in fact for Robertson Clay Jones, JR.
Issuer symbol
HTBK
Transactions as of
02 May 2024
Transactions value $
$0
Form type
4
Filing time
06 May 2024, 16:42:27 UTC
Previous filing
12 Mar 2024
Next filing
27 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTBK Common Stock, No Par Value Options Exercise $0 +10.5K +4.9% $0.00 225K 02 May 2024 Direct
transaction HTBK Common Stock, No Par Value Award $0 +678 +0.3% $0.00 225K 02 May 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HTBK Restricted Stock Unit Options Exercise $0 -10.5K -33.33% $0.00 21K 02 May 2024 Common Stock, No Par Value 10.5K $0.00 Direct F2
holding HTBK Employee Stock Option (right to buy) 37.1K 02 May 2024 Heritage Commerce Corp - Common Stock 37.1K $4.92 Direct
holding HTBK Employee Stock Option (right to buy) 49.4K 02 May 2024 Heritage Commerce Corp - Common Stock 49.4K $10.74 Direct
holding HTBK Performance-Based Restricted Stock Unit 31.5K 02 May 2024 Common Stock, No Par Value 31.5K $0.00 Direct
holding HTBK Restricted Stock Unit 39.6K 02 May 2024 Common Stock, No Par Value 39.6K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 39.6K 02 May 2024 Common Stock, No Par Value 39.6K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired 678 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 Unit grant.
F2 The Restricted Stock Units vest in three equal installments commencing on May 2, 2024, the first anniversary of the holders' grant date.