Patrick Madson - Nov 14, 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
Stock symbol
NIC
Transactions as of
Nov 14, 2022
Transactions value $
$33,432
Form type
4
Date filed
11/16/2022, 04:29 PM
Previous filing
Jan 31, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Tax liability -$5.59K -69 -1.06% $80.95 6.44K Nov 14, 2022 Direct F1
transaction NIC Common Stock Award $43.7K +540 +8.39% $80.95 6.98K Nov 14, 2022 Direct F2
transaction NIC Common Stock Tax liability -$4.7K -58 -0.83% $80.95 6.92K Nov 14, 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.