Robert B. Atwell - 23 Apr 2025 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
Director
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Robert B. Atwell
Issuer symbol
NIC
Transactions as of
23 Apr 2025
Net transactions value
-$1,362,523
Form type
4
Filing time
25 Apr 2025, 13:07:00 UTC
Previous filing
17 Apr 2025
Next filing
21 May 2025
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 $977,000 +20,000 +59% $48.85 53,816 23 Apr 2025 Direct
transaction NIC Common Stock Tax liability $1,622,164 -13,808 -26% $117.48 40,008 23 Apr 2025 Direct
transaction NIC Common Stock Sale $347,816 -3,014 -7.5% $115.40 36,994 23 Apr 2025 Direct F1
transaction NIC Common Stock Sale $314,043 -2,704 -7.3% $116.14 34,290 23 Apr 2025 Direct F2
transaction NIC Common Stock Sale $54,320 -464 -1.4% $117.07 33,826 23 Apr 2025 Direct F3
transaction NIC Common Stock Sale $1,181 -10 -0.03% $118.08 33,816 23 Apr 2025 Direct
holding NIC Common Stock 340 23 Apr 2025 by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

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 -20,000 -27% $0.000000 55,000 23 Apr 2025 Common Stock 20,000 $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 $114.817 to $115.760, inclusive. Mr. Atwell 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 $115.810 to $116.790, inclusive. Mr. Atwell 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.820 to $117.765, inclusive. Mr. Atwell 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 (3) to this Form 4.
F4 The nonqualified options fully vested as of May 16, 2022. The non-qualified options are exercisable as to 55,000 shares as of the date of this report.