Key facts
- This page summarizes Michael E. Daniels's Form 4 filing for NICOLET BANKSHARES INC (NIC).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 16 Nov 2023, 16:26.
Michael E. Daniels - 14 Nov 2023 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)
- Reporting relationship
- President & CEO, Director
- Issuer ticker
- NIC
- Reported as of
- 14 Nov 2023
- Net transaction value
- -$1,978,611
- SEC form
- 4
- Accepted by SEC
- 16 Nov 2023, 16:26:34 UTC
- Prior SEC filing
- 08 Nov 2023
- Next SEC filing
- 22 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ H. Phillip Moore, Jr., as attorney-in-fact for Michael E. Daniels
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael E. Daniels filed Form 4 for NICOLET BANKSHARES INC (NIC) on 16 Nov 2023.
Change
- Previous filing in this sequence was filed on 08 Nov 2023.
- Current net transaction value: -$1,978,611.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NIC
transaction
Common Stock
Tax liability
- Transaction value
- $33,045
- Shares
- -423
- Change %
- -0.51%
- Price
- $78.12
- Shares after
- 82,390
- Date
- 14 Nov 2023
- Ownership
- Direct
- Footnotes
- F1
NIC
transaction
Common Stock
Options Exercise
- Transaction value
- $3,771,464
- Shares
- +77,205
- Change %
- +94%
- Price
- $48.85
- Shares after
- 159,595
- Date
- 14 Nov 2023
- Ownership
- Direct
NIC
transaction
Common Stock
Sale
- Transaction value
- $5,717,030
- Shares
- -77,205
- Change %
- -48%
- Price
- $74.05
- Shares after
- 82,390
- Date
- 14 Nov 2023
- Ownership
- Direct
- Footnotes
- F2, F3
NIC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,252
- Date
- 14 Nov 2023
- Ownership
- By 401(k) Plan
NIC
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,803
- Date
- 14 Nov 2023
- Ownership
- By Spouse
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NIC
transaction
Derivative
Stock Option (Right to Buy)
Options Exercise
- Transaction value
- $0
- Shares
- -77,205
- Change %
- -38%
- Price
- $0.000000
- Shares after
- 125,000
- Date
- 14 Nov 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 77,205
- Exercise price
- $48.85
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Shares withheld to satisfy tax obligation of vested restricted stock.
Footnote F2
The price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $74.05 to $74.18, inclusive. Mr. Daniels 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 separate price within the ranges set forth in footnote (2) to this Form 4.
Footnote F3
Includes a total of 808 shares owned by Mr. Daniels in the Employee Stock Purchase Plan. Mr. Daniels has not acquired additional shares under the Employee Stock Purchase Plan since Mr. Daniels last Form 4 filing dated November 8, 2023.
Footnote F4
The non-qualified stock option fully vested as of May 16, 2022, and is currently exercisable as to all remaining 125,000 shares.
SEC remarks
On Mr. Daniels Form 4 filed November 8, 2023, it was noted that Mr. Daniels was effectuating certain actions as part of his estate planning process and may elect to exercise 100,000 fully vested non-qualified stock options through broker-assisted cashless exercises for these estate planning purposes. As of the date of this report, November 16, 2023, Mr. Daniels has completed his exercise of 100,000 fully vested non-qualified stock options for his estate planning purposes and has 125,000 remaining fully vested non-qualified stock options available from his original grant of 225,000 shares dated May 16, 2017.