Brad V. Hutjens - Mar 5, 2024 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
Mar 5, 2024
Transactions value $
-$285,020
Form type
4
Date filed
3/6/2024, 04:40 PM
Previous filing
Nov 22, 2023
Next filing
Jul 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $119K +5K +18.82% $23.80 31.6K Mar 5, 2024 Direct
transaction NIC Common Stock Sale -$396K -4.9K -15.52% $80.80 26.7K Mar 5, 2024 Direct
transaction NIC Common Stock Sale -$8.1K -100 -0.37% $81.00 26.6K Mar 5, 2024 Direct F1
holding NIC Common Stock 1.82K Mar 5, 2024 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NIC Stock Option (Right to Buy) Options Exercise $0 -5K -100% $0.00* 0 Mar 5, 2024 Common Stock 5K $23.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 34 additional shares acquired under the Employee Stock Purchase Plan since Mr. Hutjens last Form 4 filing on November 22, 2023. Mr. Hutjens owns a total of 629 shares in the Employee Stock Purchase Plan as of the date of this report.
F2 The non-qualified stock option fully vested as of October 28, 2019, and has now been fully exercised as of the date of this report.