Aldis Birkans - 01 Apr 2023 Form 4 Insider Report for National Bank Holdings Corp (NBHC)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Aldis Birkans
Issuer symbol: NBHC
Transactions as of: 01 Apr 2023
Net transactions value: -$54,272
Form type: 4
Filing time: 04 Apr 2023, 21:37:55 UTC
Previous filing: 03 Mar 2023
Next filing: 02 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NBHC	Common Stock	Award	$0	+4,126	+13%	$0.000000	34,695	01 Apr 2023	Direct	F1
transaction	NBHC	Common Stock	Award	$0	+3,709	+11%	$0.000000	38,404	01 Apr 2023	Direct	F2
transaction	NBHC	Common Stock	Tax liability	$54,272	-1,622	-4.2%	$33.46	36,782	01 Apr 2023	Direct	F3

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	NBHC	Employee Stock Option (Right to Buy)	Award	$0	+10,216		$0.000000	10,216	01 Apr 2023	Common Stock	10,216	$33.46	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of restricted stock granted under the NBHC 2014 Omnibus Incentive Plan. The shares are time vesting and vest in three equal annual installments beginning on April 28, 2024.
F2	Shares of common stock acquired upon settlement of a performance stock unit award granted to the reporting person on August 5, 2020.
F3	Shares withheld to settle income tax liability on restricted stock that vested upon settlement of the above-referenced performance stock unit award on April 1, 2023.
F4	Granted under the NBHC 2014 Omnibus Incentive Plan. The stock option award is scheduled to vest in three equal annual installments beginning on April 28, 2024.