Robert B. Atwell - 18 Oct 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: 18 Oct 2024
Net transactions value: -$158,113
Form type: 4
Filing time: 22 Oct 2024, 12:13:27 UTC
Previous filing: 17 Oct 2024
Next filing: 23 Oct 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	$142,056	+2,908	+8.1%	$48.85	38,723	18 Oct 2024	Direct
transaction	NIC	Common Stock	Sale	$288,726	-2,798	-7.2%	$103.19	35,925	18 Oct 2024	Direct	F1
transaction	NIC	Common Stock	Sale	$1,040	-10	-0.03%	$104.00	35,915	18 Oct 2024	Direct
transaction	NIC	Common Stock	Sale	$10,403	-100	-0.28%	$104.03	35,815	18 Oct 2024	Direct
holding	NIC	Common Stock						268	18 Oct 2024	by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors
holding	NIC	Common Stock						150	18 Oct 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	-2,908	-1.9%	$0.000000	152,092	18 Oct 2024	Common Stock	2,908	$48.85	Direct	F2

* 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 $103.00 to $103.81, 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 nonqualified options fully vested as of May 16, 2022. The non-qualified options are exercisable as to 152,092 shares 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 $103.00 to $103.81, 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.

The nonqualified options fully vested as of May 16, 2022. The non-qualified options are exercisable as to 152,092 shares as of the date of this report.