Robert B. Atwell - 11 Dec 2023 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role: Executive Chairman, Director
Signature: /s/ H. Phillip Moore, Jr., as attorney-in-fact for Robert B. Atwell
Issuer symbol: NIC
Transactions as of: 11 Dec 2023
Net transactions value: -$156,840
Form type: 4
Filing time: 13 Dec 2023, 15:28:39 UTC
Previous filing: 07 Dec 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	$156,840	-2,000	-4%	$78.42	47,889	11 Dec 2023	Direct	F1, F2
holding	NIC	Common Stock						300	11 Dec 2023	Son's UTMA Account

* 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 $78.22 to $78.80, inclusive. The reporting person 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 (1) to this Form 4.
F2	Includes shares acquired under the Employee Stock Purchase Plan. Mr. Atwell has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on December 7, 2023. Mr. Atwell owns a total of 459 shares in the Employee Stock Purchase Plan as of the date of this report.

Content

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.22 to $78.80, inclusive. The reporting person 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 (1) to this Form 4.

Includes shares acquired under the Employee Stock Purchase Plan. Mr. Atwell has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on December 7, 2023. Mr. Atwell owns a total of 459 shares in the Employee Stock Purchase Plan as of the date of this report.