Susan L. Merkatoris - 16 May 2023 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role: Director
Signature: /s/ H. Phillip Moore, Jr., as attorney-in-fact for Susan L. Merkatoris
Issuer symbol: NIC
Transactions as of: 16 May 2023
Net transactions value: +$49,974
Form type: 4
Filing time: 18 May 2023, 15:15:16 UTC
Previous filing: 21 Apr 2023
Next filing: 06 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NIC	Common Stock	Award	$49,974	+898	+0.88%	$55.65	102,598	16 May 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Company paid Ms. Merkatoris the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.