Aldis Birkans - 14 Dec 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: 14 Dec 2023
Net transactions value: -$21,661
Form type: 4
Filing time: 18 Dec 2023, 20:39:54 UTC
Previous filing: 02 May 2023
Next filing: 05 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NBHC	Common Stock	Options Exercise	$49,192	+2,600	+7.4%	$18.92	37,863	14 Dec 2023	Direct
transaction	NBHC	Common Stock	Tax liability	$70,853	-1,867	-4.9%	$37.95	35,996	14 Dec 2023	Direct

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)	Options Exercise	$0	-2,600	-100%	$0.000000^*	0	14 Dec 2023	Common Stock	2,600	$18.92	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Time-vested stock option award. Award vested in three equal annual installments, the first of which occurred on April 29, 2015.