Home > Insider Trading > Filing (0001212393-20-000004)

Filing Details

Accession Number:: 0001212393-20-000004
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-08-14 14:23:04
Reporting Period:: 2020-08-14

Accepted Time:: 2020-08-14 14:23:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
799233	Heartland Express Inc	HTLD	Trucking (No Local) (4213)	930926999

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1212393	J Michael Gerdin	901 North Kansas Avenue North Liberty IA 52317	Chief Executive Officer	Yes	Yes	Yes	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-08-14	489,130	$20.02	3,916,863	No	4	S	Indirect	Co-Trustee of Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Co-Trustee of Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,148,290	Indirect	Trustee of GRATs
Common Stock	18,158,354	Indirect	Co-Trustee of Trust
Common Stock	38,424	Indirect	Trustee of Trusts
Common Stock	5,003,805	Indirect	Co-Trustee of Trust
Common Stock	1,936,276	Indirect	Co-General Partner of Partnership
Common Stock	681,124	Direct

Footnotes

The 2009 Gerdin Heartland Trust sold 3,260,870 shares of Common Stock in a registered public offering on July 24, 2020, at a price per share of $20.02, after deducting underwriting discounts and commissions of $0.48 per share. Pursuant to the terms of the Underwriting Agreement, the 2009 Gerdin Heartland Trust granted the Underwriter a 30-day option to purchase up to an additional 489,130 shares of common stock on the same terms and conditions. The underwriter exercised the option to purchase 489,130 shares of common stock which settled on August 14, 2020.
Mr. Gerdin is one of the beneficiaries of the 2009 Gerdin Heartland Trust. Mr. Gerdin, Mrs. Durr, and Mrs. Janssen serve as co-trustees over shares held by the trust. Beneficial ownership is disclaimed with respect to this trust because none of the trustees have the power to vote or dispose shares without consent of the other two trustees.
Mr. Gerdin is the trustee of GRATs established by Ann S. Gerdin for her benefit. As trustee, Mr. Gerdin has sole voting and dispositive power over the shares owned by these GRATs.
Mr. Gerdin, Julie Durr, Angela Janssen, and Mrs. Gerdin serve as co-trustees over shares held by the Ann S. Gerdin Revocable Trust. As co-trustees, they have shared voting and dispositive powers with respect to this trust. Beneficial ownership is disclaimed for Mr. Gerdin, Mrs. Durr, and Mrs. Janssen.
Mr. Gerdin is the trustee of trusts created for the benefit of his children. As trustee, Mr. Gerdin has voting and dispositive powers with respect to the trusts. Beneficial ownership is disclaimed.
Mr. Gerdin is one of the beneficiaries of the 2007 Gerdin Heartland Trust. Mr. Gerdin, Mrs. Durr, and Mrs. Janssen serve as co-trustees over shares held by the trust. Beneficial ownership is disclaimed with respect to this trust because none of the trustees have the power to vote or dispose shares without the consent of the other two trustees.
The Ann S. Gerdin Revocable Trust, Mr. Gerdin, Mrs. Durr, and Mrs. Janssen are co-general partners of Gerdin Family Investments LP. None of the Ann S. Gerdin Revocable Trust, Mr. Gerdin, Mrs. Durr, or Mrs. Janssen has voting and dispositive powers with respect to this partnership without consent of the majority of the other co-general partners. Beneficial ownership is disclaimed except to the extent of each such reporting person's percentage ownership of general and limited partner shares in the partnership.