Patrick Joseph Madson - 20 Nov 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
Issuer symbol
NIC
Transactions as of
20 Nov 2023
Net transactions value
+$14,443
Form type
4
Filing time
22 Nov 2023, 17:32:17 UTC
Previous filing
16 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 Award $22,360 +288 +5% $77.64 6,078 20 Nov 2023 Direct F1
transaction NIC Common Stock Tax liability $2,407 -31 -0.51% $77.64 6,047 20 Nov 2023 Direct F2
transaction NIC Common Stock Tax liability $5,511 -73 -1.2% $75.49 5,974 22 Nov 2023 Direct F3, F4
holding NIC Common Stock 20 20 Nov 2023 Daughter's UGMA/UTMA Account
holding NIC Common Stock 20 20 Nov 2023 Son's UGMA/UTMA Account
holding NIC Common Stock 20 20 Nov 2023 Daughter's UGMA/UTMA Account
holding NIC Common Stock 20 20 Nov 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.