ROBERT BRUCE ATWELL - 23 Jul 2024 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
Director
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Robert B. Atwell
Issuer symbol
NIC
Transactions as of
23 Jul 2024
Net transactions value
-$527,255
Form type
4
Filing time
25 Jul 2024, 10:52:30 UTC
Previous filing
22 Jul 2024
Next filing
30 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $488,500 +10,000 +27% $48.85 47,515 23 Jul 2024 Direct
transaction NIC Common Stock Sale $201,180 -2,000 -4.2% $100.59 45,515 23 Jul 2024 Direct F1
transaction NIC Common Stock Sale $708,137 -6,963 -15% $101.70 38,552 23 Jul 2024 Direct F2
transaction NIC Common Stock Sale $106,438 -1,037 -2.7% $102.64 37,515 23 Jul 2024 Direct F3
holding NIC Common Stock 53 23 Jul 2024 by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors
holding NIC Common Stock 150 23 Jul 2024 Son's UTMA Account

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 -10,000 -6.1% $0.000000 155,000 23 Jul 2024 Common Stock 10,000 $48.85 Direct F4
* 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 $100.32 to $101.00, inclusive. Mr. Atwell 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.50 to $102.41, inclusive. Mr. Atwell 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 (2) to this Form 4.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.50 to $102.82, inclusive. Mr. Atwell 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 at each separate price within the range set forth in footnote (3) to this Form 4.
F4 The nonqualified options fully vested as of May 16, 2022. The non-qualified options are exercisable as to 155,000 shares as of the date of this report.