McGovern Lawrence D's Form 4 filing
Heritage Commerce Corp (HTBK) · filed Nov 18, 2022
- Accession no.
- 0001127602-22-026080
- Filed
- Nov 18, 2022
- Trade date
- Nov 17, 2022
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $328.3K. It was filed 1 day after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| McGovern Lawrence DCIK 0001222697 | Officer (EVP/CFO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 17, 2022 | Common Stock, No Par Value | MOption exerciseAcquired | +15,000 | $6.57 | +$98,550 | 104,529 | Indirect | |
| Nov 17, 2022 | Common Stock, No Par Value | MOption exerciseAcquired | +15,000 | $8.07 | +$121,050 | 119,529 | Indirect | |
| Nov 17, 2022 | Common Stock, No Par Value | SSaleDisposed | −22,500 | $14.59F1 | −$328,275 | 97,029 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 17, 2022 | Common Stock, No Par Value | MOption exerciseDisposed | −15,000 | $0.00 | $0 | 0 | Direct | |
| Nov 17, 2022 | Common Stock, No Par Value | MOption exerciseDisposed | −15,000 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.5580 to $14.6108, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
Referenced by the price of 1 transaction in Table I.