Patrick Joseph Madson - 18 Nov 2021 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role: SVP-Wealth Mgmt-NicoletNatBank
Signature: /s/ H. Phillip Moore, Jr., as attorney-in-fact for Patrick Madson
Issuer symbol: NIC
Transactions as of: 18 Nov 2021
Net transactions value: -$3,619
Form type: 4
Filing time: 22 Nov 2021, 15:29:28 UTC
Previous filing: 15 Nov 2021
Next filing: 24 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NIC	Common Stock	Tax liability	$3,619	-49	-0.72%	$73.85	6,797	18 Nov 2021	Direct	F1, F2

* 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 Mr. Madson's 488 shares owned in the Employee Stock Purchase Plan. Mr. Madson has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing, November 15, 2021.