Eric J. Witczak - Nov 7, 2024 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
EVP & Secretary
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak
Stock symbol
NIC
Transactions as of
Nov 7, 2024
Transactions value $
-$2,067,347
Form type
4
Date filed
11/8/2024, 02:40 PM
Previous filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $1.64M +33.7K +131.83% $48.85 59.2K Nov 7, 2024 Direct
transaction NIC Common Stock Sale -$3.37M -30.6K -51.63% $110.18 28.6K Nov 7, 2024 Direct F1
transaction NIC Common Stock Sale -$345K -3.1K -10.83% $111.25 25.5K Nov 7, 2024 Direct F2, F3
holding NIC Common Stock 6.78K Nov 7, 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 -33.7K -62.33% $0.00 20.3K Nov 7, 2024 Common Stock 33.7K $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 $110.00 to $110.99, 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.00 to $111.41, 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 (2) to this Form 4.
F3 Includes 32 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on September 6, 2024. Mr. Witczak owns a total of 971 shares in the Employee Stock Purchase Plan as of the date of this report.
F4 The non-qualified stock option fully vested as of May 16, 2022, and is currently exercisable as to all remaining 20,343 shares.