Patrick Joseph Madson - 14 Nov 2022 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
SVP-Wealth Mgmt-NicoletNatBank
Signature
/s/ H. Phillip Moore, Jr., attorney-in-fact for Patrick Madson
Issuer symbol
NIC
Transactions as of
14 Nov 2022
Net transactions value
+$33,432
Form type
4
Filing time
16 Nov 2022, 16:29:02 UTC
Previous filing
31 Jan 2022
Next filing
23 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Tax liability $5,586 -69 -1.1% $80.95 6,439 14 Nov 2022 Direct F1
transaction NIC Common Stock Award $43,713 +540 +8.4% $80.95 6,979 14 Nov 2022 Direct F2
transaction NIC Common Stock Tax liability $4,695 -58 -0.83% $80.95 6,921 14 Nov 2022 Direct F1, 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 tax obligation of vested restricted stock.
F2 Restricted shares awarded November 14, 2022. Awarded shares will vest as follows: 1/3 immediate, 1/3 on November 14, 2023, and 1/3 on November 14, 2024.
F3 Includes 488 shares owned in the Employee Stock Purchase Plan. Mr. Madson has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on January 31, 2022.