Patrick Madson - Nov 22, 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
Stock symbol
NIC
Transactions as of
Nov 22, 2021
Transactions value $
$44,731
Form type
4
Date filed
11/24/2021, 12:10 PM
Previous filing
Nov 22, 2021
Next filing
Dec 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Award $50.1K +684 +10.06% $73.21 7.48K Nov 22, 2021 Direct F1
transaction NIC Common Stock Tax liability -$5.34K -73 -0.98% $73.21 7.41K Nov 22, 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares awarded November 22, 2021. Awarded shares will vest as follows: 1/3 immediate, 1/3 on November 22, 2022, and 1/3 on November 22, 2023.
F2 Shares withheld to satisfy the tax obligation of restricted stock vesting.
F3 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 previous Form 4 filing, November 22, 2021.