Lawrence McGovern compensation by year
HERITAGE COMMERCE Summary Compensation Table · all 3 fiscal years held| Component | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Salary | $391,841 | $411,881 | $427,421 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $183,848 | $207,939 | $304,350 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $180,897 | $152,656 | $0 |
| Pension and deferred compensation | $0 | $133,300 | $18,900 |
| All other | $52,427 | $42,047 | $27,595 |
| Total | $809,014 | $947,823 | $778,226 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: HERITAGE COMMERCE CORP DEF 14A filed April 7, 2025, accession 0001104659-25-032651, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 16,181 | $160,516 | — |
| RSU | 14,031 | $139,188 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in HERITAGE COMMERCE CORP's FY2023 proxy; value at the fiscal year-end close, as the company printed it.
HERITAGE COMMERCE’s named executive officers, FY2024
as the company reported each| Named executive officer | Role | FY2024 total |
|---|---|---|
| Robertson Clay Jones | President and Chief Executive Officer of Heritage Commerce Corp and Heritage Bank of Commerce | $1,694,339 |
| Lawrence D. McGovern | Former Executive Vice President and Chief Financial Officer | $778,266 |
| Lawrence McGovern · this page | Executive Vice President/Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce | $778,226 |
| Deborah K. Reuter | Executive Vice President/Chief Risk Officer and Corporate Secretary of Heritage Commerce Corp and Heritage Bank of Commerce | $735,792 |
| Dustin M. Warford | Executive Vice President, Chief Banking Officer of Heritage Bank of Commerce | $735,114 |
| Susan Just | Executive Vice President/Chief Credit Officer of Heritage Bank of Commerce | $701,631 |
| Thomas A. Sa | Executive Vice President/Chief Operating Officer and Interim Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce | $595,687 |
The full HERITAGE COMMERCE compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are HERITAGE COMMERCE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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