Michael J. Gerdin - Dec 31, 2022 Form 5 Insider Report for HEARTLAND EXPRESS INC (HTLD)

Role
Chief Executive Officer, Director, Co-Trustee of 10% Owner, 10%+ Owner
Signature
/S/Michael J. Gerdin
Stock symbol
HTLD
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/14/2023, 04:19 PM
Previous filing
Dec 20, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTLD Common Stock Gift $0 +2.55M +29.29% $0.00 11.3M Jul 12, 2022 Co-Trustee of Trust F1, F2
transaction HTLD Common Stock Gift $0 -2.55M -24.83% $0.00 7.72M Jul 12, 2022 Trustee of GRATs F1, F3
transaction HTLD Common Stock Gift $0 +1.67M +14.8% $0.00 12.9M Dec 1, 2022 Co-Trustee of Trust F1, F2
transaction HTLD Common Stock Gift $0 +38.7K +0.91% $0.00 4.28M Dec 1, 2022 Co-Trustee of Trust F1, F4
transaction HTLD Common Stock Gift $0 -1.7M -22.07% $0.00 6.02M Dec 1, 2022 Trustee of GRATs F1, F3
holding HTLD Common Stock 38.4K Dec 31, 2022 Trustee of Trusts F5
holding HTLD Common Stock 5M Dec 31, 2022 Co-Trustee of Trust F6
holding HTLD Common Stock 1.94M Dec 31, 2022 Co-General Partner of Partnership F7
holding HTLD Common Stock 10.4K Dec 31, 2022 Trustee of Trust F8
holding HTLD Common Stock 628K Dec 31, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annuity distributions made from GRATs created for the benefit of Ann Gerdin.
F2 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.
F3 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. Beneficial ownership is disclaimed.
F4 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.
F5 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.
F6 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.
F7 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.
F8 Mr. Gerdin is the trustee of the Michael J. Gerdin Revocable Trust with voting and dispositive power.