Brad V. Hutjens - Nov 20, 2023 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
EVP - CCO - Nicolet Natl Bank
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Brad V. Hutjens
Stock symbol
NIC
Transactions as of
Nov 20, 2023
Transactions value $
$33,061
Form type
4
Date filed
11/22/2023, 05:26 PM
Previous filing
Nov 16, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Award $48.7K +627 +2.4% $77.64 26.7K Nov 20, 2023 Direct F1
transaction NIC Common Stock Tax liability -$5.2K -67 -0.25% $77.64 26.7K Nov 20, 2023 Direct F2
transaction NIC Common Stock Tax liability -$10.4K -138 -0.52% $75.49 26.5K Nov 22, 2023 Direct F3, F4
holding NIC Common Stock 1.82K Nov 20, 2023 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares awarded November 20, 2023. Awarded shares will vest as follows: 1/3 immediate, 1/3 on November 20, 2024, and 1/3 on November 20, 2025.
F2 Shares withheld to satisfy tax obligation of 1/3 immediate vest of restricted stock granted November 20, 2023.
F3 Shares withheld to satisfy tax obligation of vested restricted stock.
F4 Includes shares acquired under the Employee Stock Purchase Plan. Mr. Hutjens has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on November 16, 2023. Mr. Hutjens owns a total of 595 shares in the Employee Stock Purchase Plan as of the date of this report.