Brad V. Hutjens - Jan 5, 2022 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
EVP - CCO - Nicolet Natl Bank
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Brad V. Hutjens
Stock symbol
NIC
Transactions as of
Jan 5, 2022
Transactions value $
$33,000
Form type
4
Date filed
1/7/2022, 12:45 PM
Previous filing
Nov 24, 2021
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $33K +2K +9.18% $16.50* 23.8K Jan 5, 2022 Direct F1
holding NIC Common Stock 1.82K Jan 5, 2022 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NIC Stock Option (Right to Buy) Options Exercise $0 -2K -100% $0.00* 0 Jan 5, 2022 Common Stock 2K $16.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes Mr. Hutjens 278 shares owned in the Employee Stock Purchase Plan. Mr. Hutjens has not acquired additional shares under the Employee Stock Purchase Plan since his previous Form 4 filing, November 24, 2021.
F2 Mr. Hutjens exercised the remaining 2,000 fully vested and exercisable shares under this stock option award. This option award is now fully exercised. The original option award was as follows: 5,000 options granted April 10, 2012 and would vest in ten annual installments of 500 shares annually on April 10 of each year, beginning April 10, 2012 and fully vest April 10, 2021.