ROBERT BRUCE ATWELL - 30 May 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
30 May 2025
Net transactions value
-$748,284
Form type
4
Filing time
03 Jun 2025, 08:41:50 UTC
Previous filing
21 May 2025
Next filing
10 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ATWELL ROBERT BRUCE Director C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY /s/ H. Phillip Moore, Jr., as attorney-in-fact for Robert B. Atwell 03 Jun 2025 0001253903

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $488,500 +10,000 +29% $48.85 44,220 30 May 2025 Direct
transaction NIC Common Stock Tax liability $840,850 -6,792 -15% $123.80 37,428 30 May 2025 Direct
transaction NIC Common Stock Sale $279,239 -2,266 -6.1% $123.23 35,162 30 May 2025 Direct F1
transaction NIC Common Stock Sale $116,695 -942 -2.7% $123.88 34,220 30 May 2025 Direct F2
holding NIC Common Stock 340 30 May 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 -10,000 -18% $0.000000 45,000 30 May 2025 Common Stock 10,000 $48.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.775 to $123.770, 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 $123.790 to $124.015, 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 nonqualified options fully vested as of May 16, 2022. The non-qualified options are exercisable as to 45,000 shares as of the date of this report.