XNAS:HTBK Heritage Commerce Corp Insider Activity 4 Filing - 5/1/2012

Effective Date 5/1/2012

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BISCEGLIA FRANK G
  2. Issuer Name and Ticker or Trading Symbol
HERITAGE COMMERCE CORP [HTBK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
150 ALMADEN BOULEVARD
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2012
(Street)

SAN JOSE, CA 95113
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Heritage Commerce Corp - Common Stock               15,450 D  
Heritage Commerce Corp - Common Stock               89,895 I Indirect by Trust
Heritage Commerce Corp - Common Stock               12,784 I Indirectcust/child

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $6.39 05/01/2012   A   4,500   05/01/2012(1) 05/01/2022 Heritage Commerce Corp - Common Stock 4,500 $6.39 4,500 D  
Non-Qualified Stock Option (right to buy) $3.57             07/26/2010(1) 07/26/2020 Heritage Commerce Corp - Common Stock 3,500   3,500 D  
Non-Qualified Stock Option (right to buy) $5.16             06/16/2011 06/16/2021 Heritage Commerce Corp - Common Stock 4,500   4,500 D  
Non-Qualified Stock Option (right to buy) $7.43             05/04/2009 05/04/2019 Heritage Commerce Corp - Common Stock 3,500   3,500 D  
Non-Qualified Stock Option (right to buy) $8.5             10/25/2002 10/24/2012 Heritage Commerce Corp - Common Stock 7,500   7,500 D  
Non-Qualified Stock Option (right to buy) $14.09             12/16/1999 12/16/2009 Heritage Commerce Corp - Common Stock 3,300   3,300 D  
Non-Qualified Stock Option (right to buy) $18.01             05/26/2005 05/26/2015 Heritage Commerce Corp - Common Stock 2,500   2,500 D  
Non-Qualified Stock Option (right to buy) $23.85             08/03/2006 08/03/2016 Heritage Commerce Corp - Common Stock 3,300   3,300 D  
Non-Qualified Stock Option (right to buy) $23.89             05/04/2007 05/04/2017 Heritage Commerce Corp - Common Stock 4,500   4,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BISCEGLIA FRANK G
150 ALMADEN BOULEVARD
SAN JOSE, CA 95113
  X      

Signatures

 By: Debbie Reuter as Attorney in fact For: Frank Bisceglia   05/02/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Stock option vests daily in four years.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNAS:HTBK Heritage Commerce Corp Insider Activity 4 Filling

Heritage Commerce Corp XNAS:HTBK Stock - Get Insider Activity SEC Filing of Heritage Commerce Corp XNAS:HTBK stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

XNAS:HTBK Heritage Commerce Corp Insider Activity 4 Filing - 5/1/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Title |  Date |  Company |  Symbol |  Interest |  Popularity

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