Brad V. Hutjens - Nov 8, 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
Nov 8, 2024
Transactions value $
-$850,731
Form type
4
Date filed
11/12/2024, 06:19 PM
Previous filing
Nov 8, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $220K +4.5K +16.87% $48.85 31.2K Nov 8, 2024 Direct
transaction NIC Common Stock Sale -$499K -4.5K -14.44% $110.90 26.7K Nov 8, 2024 Direct F1
transaction NIC Common Stock Options Exercise $440K +9K +33.74% $48.85 35.7K Nov 11, 2024 Direct
transaction NIC Common Stock Sale -$503K -4.5K -12.61% $111.85 31.2K Nov 11, 2024 Direct
transaction NIC Common Stock Sale -$470K -4.16K -13.35% $112.85 27K Nov 11, 2024 Direct
transaction NIC Common Stock Sale -$22.6K -200 -0.74% $112.86 26.8K Nov 11, 2024 Direct
transaction NIC Common Stock Sale -$15.6K -138 -0.51% $112.88 26.7K Nov 11, 2024 Direct F2
holding NIC Common Stock 1.82K Nov 8, 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 -4.5K -16.67% $0.00 22.5K Nov 8, 2024 Common Stock 4.5K $48.85 Direct F3
transaction NIC Stock Option (Right to Buy) Options Exercise $0 -9K -40% $0.00 13.5K Nov 11, 2024 Common Stock 9K $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 were sold in multiple transactions at prices ranging from $110.85 to $111.31, inclusive. Mr. Hutjens undertakes to provides 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 shares acquired under the Employee Stock Purchase Plan. Mr. Hutjens has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on November 8, 2024. Mr. Hutjens owns a total of 732 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 13,500 shares.