Patrick Madson - Nov 20, 2023 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
SVP-Wealth Mgmt-NicoletNatBank
Signature
/s/ H. Phillip Moore, Jr., attorney-in-fact for Patrick Madson
Stock symbol
NIC
Transactions as of
Nov 20, 2023
Transactions value $
$14,443
Form type
4
Date filed
11/22/2023, 05:32 PM
Previous filing
Nov 16, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Award $22.4K +288 +4.97% $77.64 6.08K Nov 20, 2023 Direct F1
transaction NIC Common Stock Tax liability -$2.41K -31 -0.51% $77.64 6.05K Nov 20, 2023 Direct F2
transaction NIC Common Stock Tax liability -$5.51K -73 -1.21% $75.49 5.97K Nov 22, 2023 Direct F3, F4
holding NIC Common Stock 20 Nov 20, 2023 Daughter's UGMA/UTMA Account
holding NIC Common Stock 20 Nov 20, 2023 Son's UGMA/UTMA Account
holding NIC Common Stock 20 Nov 20, 2023 Daughter's UGMA/UTMA Account
holding NIC Common Stock 20 Nov 20, 2023 Son's UGMA/UTMA Account
* 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 488 shares owned in the Employee Stock Purchase Plan. Mr. Madson has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing dated November 16, 2023.