Michael E. Daniels - Oct 23, 2024 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Michael E. Daniels
Stock symbol
NIC
Transactions as of
Oct 23, 2024
Transactions value $
-$1,518,495
Form type
4
Date filed
10/24/2024, 05:37 PM
Previous filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $1.42M +29.1K +40.13% $48.85 102K Oct 23, 2024 Direct
transaction NIC Common Stock Sale -$2.94M -29.1K -28.64% $101.08 72.4K Oct 23, 2024 Direct F1, F2
holding NIC Common Stock 6.25K Oct 23, 2024 By 401(k) Plan
holding NIC Common Stock 9.8K Oct 23, 2024 By Spouse

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 -29.1K -27.93% $0.00 75K Oct 23, 2024 Common Stock 29.1K $48.85 Direct F3
* 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 sold in multiple transactions at prices ranging from $101.000 to $101.5950, inclusive. Mr. Daniels 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 an additional 32 shares acquired under the Employee Stock Purchase Plan since Mr. Daniels last Form 4 filing dated September 3, 2024. Mr. Daniels owns a total of 945 shares in the Employee Stock Purchase Plan as of the date of this report.
F3 The non-qualified stock option fully vested as of May 16, 2022, and is currently exercisable as to all remaining 75,000 shares.