Susan L. Merkatoris - 14 Nov 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
14 Nov 2023
Net transactions value
-$230,310
Form type
4
Filing time
16 Nov 2023, 15:22:58 UTC
Previous filing
06 Nov 2023
Next filing
18 Dec 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 Sale $230,310 -3,000 -3% $76.77 96,598 14 Nov 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.52 to $77.00, inclusive. Ms. Merkatoris undertakes to provide to Nicolet Bankshares, Inc., any security holder of Nicolet Bankshares, Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each price within the range set forth in footnote (1) to this Form 4.

Remarks:

Ms. Merkatoris is intending to sell up to 15,000 shares over a period of time to fund construction of a second home. Ms. Merkatoris has sold a total of 6,000 shares as of the date this report. Ms. Merkatoris anticipates that she will continue to own more than 85,000 shares of Nicolet Bankshares, Inc. common stock following the completion of these sales.