Eric J. Witczak - Feb 4, 2022 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
Secretary
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak
Stock symbol
NIC
Transactions as of
Feb 4, 2022
Transactions value $
-$3
Form type
4
Date filed
2/8/2022, 01:15 PM
Previous filing
Nov 24, 2021
Next filing
Apr 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $24.8K +1.5K +6.42% $16.50* 24.9K Feb 4, 2022 Direct
transaction NIC Common Stock Tax liability -$24.8K -261 -1.05% $94.84 24.6K Feb 4, 2022 Direct F1, F2

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 -1.5K -100% $0.00* 0 Feb 4, 2022 Common Stock 1.5K $16.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy the exercise cost of the incentive stock option.
F2 Includes 35 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on November 24, 2021. Mr. Witczak owns a total of 552 shares in the Employee Stock Purchase Plan as of the date of this report.
F3 The stock option has now been fully exercised as of the date of this report.