JONES ROBERTSON CLAY JR (EVP) exercised options at HERITAGE COMMERCE CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

JONES ROBERTSON CLAY JR

Filed: 3/9/2026ACC: 0001593968-26-000070

InsiderJONES ROBERTSON CLAY JRCIK 1788938

→

IssuerHERITAGE COMMERCE CORPCIK 1053352

Officer· EVP

Since Oct 2019

+6.06K

Net shares

Net buyer

$540.5K

Total sold

Open market trades

0B · 0S

Total transactions

98.94K acquired · 92.88K disposed

Non-Derivative Transactions4

Common Stock, No Par Value

Direct

M · Option Exercise

+16.39K

Price / share

$10.74

Trade value

$176.03K

% of position

6.2%

3/5/2026

266.01K→282.40K

Common Stock, No Par Value

Direct

M · Option Exercise

+33.01K

Price / share

$10.74

Trade value

$354.52K

% of position

11.7%

3/5/2026

282.40K→315.41K

Common Stock, No Par Value

Direct

F · Tax Withholding

−14.96K

Price / share

$12.43

Trade value

$185.98K

% of position

4.7%

3/5/2026

315.41K→300.44K

Common Stock, No Par Value

Direct

F · Tax Withholding

−28.52K

Price / share

$12.43

Trade value

$354.53K

% of position

9.5%

3/5/2026

300.44K→271.92K

Total

Net shares

+5.92K

Net value

-$9.96K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, No Par Value Direct	3/5/2026	M · Option Exercise	+16.39K	$10.74	$176.03K	6.2%	266.01K	282.40K
Common Stock, No Par Value Direct	3/5/2026	M · Option Exercise	+33.01K	$10.74	$354.52K	11.7%	282.40K	315.41K
Common Stock, No Par Value Direct	3/5/2026	F · Tax Withholding	−14.96K	$12.43	$185.98K	4.7%	315.41K	300.44K
Common Stock, No Par Value Direct	3/5/2026	F · Tax Withholding	−28.52K	$12.43	$354.53K	9.5%	300.44K	271.92K
Total			+5.92K		-$9.96K

Derivative Transactions3

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Heritage Commerce Corp - Common Stock

33.01K shares

−33.01K

Strike price

10.74

Held after

0.00

Exercisable

—

3/5/2026

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Heritage Commerce Corp - Common Stock

16.39K shares

−16.39K

Strike price

10.74

Held after

0.00

Exercisable

—

3/5/2026

Restricted Stock Unit

Direct

A · Award

Converts to

Common Stock, No Par Value

49.54K shares

+49.54K

Strike price

Held after

49.54K

Exercisable

—

3/5/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Heritage Commerce Corp - Common Stock33.01K shares	3/5/2026	M · Option Exercise	−33.01K	10.74	—	0.00
Employee Stock Option (right to buy) Direct	Heritage Commerce Corp - Common Stock16.39K shares	3/5/2026	M · Option Exercise	−16.39K	10.74	—	0.00
Restricted Stock Unit Direct	Common Stock, No Par Value49.54K shares	3/5/2026	A · Award	+49.54K	0	—	49.54K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

Performance-Based Restricted Stock Unit

Direct

Underlying security

Common Stock, No Par Value

Underlying shares

29.69K

Shares owned

29.69K

Exercise price

Expiration

—

Exercise window

—

Performance-Based Restricted Stock Unit

Direct

Underlying security

Common Stock, No Par Value

Underlying shares

31.48K

Shares owned

31.48K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit

Direct

Underlying security

Common Stock, No Par Value

Underlying shares

10.49K

Shares owned

10.49K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit

Direct

Underlying security

Common Stock, No Par Value

Underlying shares

29.69K

Shares owned

29.69K

Exercise price

Expiration

—

Exercise window

—

Performance-Based Restricted Stock Unit

Direct

Underlying security

Common Stock, No Par Value

Underlying shares

39.63K

Shares owned

39.63K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit

Direct

Underlying security

Common Stock, No Par Value

Underlying shares

26.42K

Shares owned

26.42K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

167.41K

Owned

167.41K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance-Based Restricted Stock Unit Direct	Common Stock, No Par Value	0	—	—	29.69K	29.69K
Performance-Based Restricted Stock Unit Direct	Common Stock, No Par Value	0	—	—	31.48K	31.48K
Restricted Stock Unit Direct	Common Stock, No Par Value	0	—	—	10.49K	10.49K
Restricted Stock Unit Direct	Common Stock, No Par Value	0	—	—	29.69K	29.69K
Performance-Based Restricted Stock Unit Direct	Common Stock, No Par Value	0	—	—	39.63K	39.63K
Restricted Stock Unit Direct	Common Stock, No Par Value	0	—	—	26.42K	26.42K
Total					167.41K	167.41K