Deborah Reuter - May 2, 2025 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/CRO/Corporate Secretary
Signature
/s/May Wong as Attorney-in-Fact
Stock symbol
HTBK
Transactions as of
May 2, 2025
Transactions value $
$0
Form type
4
Date filed
5/6/2025, 04:41 PM
Previous filing
Mar 11, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reuter Deborah EVP/CRO/Corporate Secretary 224 AIRPORT PARKWAY, SAN JOSE /s/May Wong as Attorney-in-Fact 2025-05-06 0001920301

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 +3.53K +3.91% $0.00 93.7K May 2, 2025 Direct
transaction HTBK Common Stock, No Par Value Award $0 +427 +0.46% $0.00 94.1K May 2, 2025 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 -3.53K -49.99% $0.00 3.53K May 2, 2025 Common Stock, No Par Value 3.53K $0.00 Direct F2
holding HTBK Restricted Stock Unit 8.51K May 2, 2025 Common Stock, No Par Value 8.51K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 12.8K May 2, 2025 Common Stock, No Par Value 12.8K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 10.6K May 2, 2025 Common Stock, No Par Value 10.6K $0.00 Direct
holding HTBK Restricted Stock Unit 8.36K May 2, 2025 Common Stock, No Par Value 8.36K $0.00 Direct
holding HTBK Performance-Based Restricted Stock Unit 8.36K May 2, 2025 Common Stock, No Par Value 8.36K $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 427 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.