Brad V Hutjens - 13 Nov 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
Issuer symbol
NIC
Transactions as of
13 Nov 2024
Net transactions value
-$418,457
Form type
4
Filing time
15 Nov 2024, 11:59:25 UTC
Previous filing
12 Nov 2024
Next filing
21 Nov 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 $293,100 +6,000 +22% $48.85 32,674 13 Nov 2024 Direct
transaction NIC Common Stock Sale $345,300 -3,000 -9.2% $115.10 29,674 13 Nov 2024 Direct
transaction NIC Common Stock Sale $346,470 -3,000 -10% $115.49 26,674 13 Nov 2024 Direct
transaction NIC Common Stock Tax liability $19,787 -177 -0.66% $111.79 26,497 14 Nov 2024 Direct F1, F2
holding NIC Common Stock 1,818 13 Nov 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 -6,000 -44% $0.000000 7,500 13 Nov 2024 Common Stock 6,000 $48.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligation of vested restricted stock.
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 12, 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 7,500 shares.