Brad V. Hutjens - Nov 13, 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 13, 2024
Transactions value $
-$418,457
Form type
4
Date filed
11/15/2024, 11:59 AM
Previous filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $293K +6K +22.49% $48.85 32.7K Nov 13, 2024 Direct
transaction NIC Common Stock Sale -$345K -3K -9.18% $115.10 29.7K Nov 13, 2024 Direct
transaction NIC Common Stock Sale -$346K -3K -10.11% $115.49 26.7K Nov 13, 2024 Direct
transaction NIC Common Stock Tax liability -$19.8K -177 -0.66% $111.79 26.5K Nov 14, 2024 Direct F1, F2
holding NIC Common Stock 1.82K Nov 13, 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 -6K -44.44% $0.00 7.5K Nov 13, 2024 Common Stock 6K $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.