Tammy C. Stadler - Nov 22, 2022 Form 4 Insider Report for ASSOCIATED BANC-CORP (ASB)

Role: Principal Accounting Officer
Signature: /s/ Lynn M. Floeter, attorney-in-fact for Tammy C. Stadler
Stock symbol: ASB
Transactions as of: Nov 22, 2022
Transactions value $: -$116,622
Form type: 4
Date filed: 11/23/2022, 11:34 AM
Previous filing: Nov 16, 2022
Next filing: Dec 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASB	Common Stock $0.01 Par Value	Options Exercise	$153K	+10.9K	+19.02%	$14.02	68.5K	Nov 22, 2022	Direct
transaction	ASB	Common Stock $0.01 Par Value	Sale	-$270K	-10.9K	-15.98%	$24.68	57.5K	Nov 22, 2022	Direct	F1
holding	ASB	Common Stock $0.01 Par Value						16.8K	Nov 22, 2022	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	ASB	Non-qualified Stock Option (Right to Buy)	Options Exercise	$0	-10.9K	-100%	$0.00^*	0	Nov 22, 2022	Common Stock $0.01 Par Value	10.9K	$14.02	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.675 to $24.685, inclusive. The reporting person undertakes to provide to Associated Banc-Corp, any security holders of Associated Banc-Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes above.
F2	Options vested in annual increments over 3 years; 34% on the first anniversary after the grant date, and 33% on the second and third anniversaries after the grant date, respectively.

Content

The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.675 to $24.685, inclusive. The reporting person undertakes to provide to Associated Banc-Corp, any security holders of Associated Banc-Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes above.

Options vested in annual increments over 3 years; 34% on the first anniversary after the grant date, and 33% on the second and third anniversaries after the grant date, respectively.