Eric J. Witczak - Nov 11, 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 11, 2024
Transactions value $
-$1,307,240
Form type
4
Date filed
11/13/2024, 09:23 AM
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 $994K +20.3K +79.68% $48.85 45.9K Nov 11, 2024 Direct
transaction NIC Common Stock Sale -$1.14M -10.2K -22.17% $112.22 35.7K Nov 11, 2024 Direct F1
transaction NIC Common Stock Sale -$1.16M -10.2K -28.49% $114.00 25.5K Nov 11, 2024 Direct F2
holding NIC Common Stock 6.78K Nov 11, 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 -20.3K -100% $0.00 0 Nov 11, 2024 Common Stock 20.3K $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 $112.03 to $112.45, inclusive. Mr. Witczak 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 shares acquired under the Employee Stock Purchase Plan. Mr. Witczak has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on November 8, 2024. Mr. Witczak owns a total of 971 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 now fully exercised.