Valerie Kramer - May 1, 2024 Form 3 Insider Report for National Bank Holdings Corp (NBHC)

Role: Chief Digital Officer
Signature: Angela N. Petrucci as Attorney-in-Fact
Stock symbol: NBHC
Transactions as of: May 1, 2024
Transactions value $: $0
Form type: 3
Date filed: 5/10/2024, 04:28 PM
Next filing: Aug 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NBHC	Common Stock						10.4K	May 1, 2024	Direct	F1

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
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	678	$32.65	Direct	F2
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	597	$34.90	Direct	F3
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	953	$34.08	Direct	F4
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	1.21K	$35.51	Direct	F5
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	725	$23.10	Direct	F6
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	552	$40.16	Direct	F7
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	2.44K	$40.83	Direct	F8
holding	NBHC	Employee Stock Option (Right to Buy)							May 1, 2024	Common Stock	3.33K	$33.46	Direct	F9

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

Explanation of Responses:

Id	Content
F1	Total includes 323 shares of unvested restricted stock granted under the NBHC 2014 Omnibus Incentive Plan, which are scheduled to vest on April 28, 2025. Total also includes 2,954 shares of unvested restricted stock granted under the NBHC 2023 Omnibus Incentive Plan, which are scheduled to vest as follows: (i) 1,134 will vest on April 28, 2025; (ii) 1,134 will vest on April 28, 2026; and (iii) 686 will vest on April 28, 2027. Vesting of shares under all restricted stock awards is contingent upon continued employment.
F2	Granted under the NBHC 2014 Omnibus Incentive Plan. Stock option award is time vesting, with the first installment having vested on April 28, 2019, the second installment having vested on April 28, 2020, and the third installment having vested on April 28, 2021.
F3	Granted under the NBHC 2014 Omnibus Incentive Plan. Stock option award is time vesting, with the first installment having vested on October 1, 2019, the second installment having vested on October 1, 2020, and the third installment having vested on October 1, 2021.
F4	Granted under the NBHC 2014 Omnibus Incentive Plan. Stock option award is time vesting, with the first installment having vested on April 28, 2020, the second installment having vested on April 28, 2021, and the third installment having vested on April 28, 2022.
F5	Granted under the NBHC 2014 Omnibus Incentive Plan. Stock option award is time vesting, with the first installment having vested on October 1, 2020, the second installment having vested on October 1, 2021, and the third installment having vested on October 1, 2022.
F6	Granted under the NBHC 2014 Omnibus Incentive Plan. Stock option award is time vesting and represents the third installment of the applicable stock option award, which vested on April 28, 2023.
F7	Granted under the NBHC 2014 Omnibus Incentive Plan. Stock option award is time vesting and represents the first and second installments of the applicable stock option award, which vested on April 28, 2022 and April 28, 2023, respectively.
F8	Granted under the NBHC 2014 Omnibus Incentive Plan. Stock option award is time vesting, with the first installment having vested on April 28, 2023, the second installment having vested on April 28, 2024, and the third installment vesting on April 28, 2025.
F9	Granted under the NBHC 2023 Omnibus Incentive Plan. Stock option award is time vesting, with the first installment having vested on April 28, 2024, the second installment vesting on April 28, 2025, and the third installment vesting on April 28, 2026.