G. Timothy Laney - Jul 29, 2024 Form 4 Insider Report for National Bank Holdings Corp (NBHC)

Signature
/s/ G. Timothy Laney
Stock symbol
NBHC
Transactions as of
Jul 29, 2024
Transactions value $
-$1,150,108
Form type
4
Date filed
7/31/2024, 07:56 PM
Previous filing
May 21, 2024
Next filing
Aug 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NBHC Common Stock Options Exercise $973K +49.8K +18.29% $19.56 322K Jul 29, 2024 Direct F1
transaction NBHC Common Stock Sale -$2.12M -49.8K -15.46% $42.64 272K Jul 29, 2024 Direct F2, F3
transaction NBHC Common Stock Sale -$1.58K -37 -0.01% $42.65 272K Jul 30, 2024 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 -49.8K -100% $0.00* 0 Jul 29, 2024 Common Stock 49.8K $19.56 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 24,881 options that were held in constructive trust pursuant to a divorce decree and accompanying qualified domestic relations orders.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $42.64 to $42.93, inclusive. The reporting person undertakes to provide to National Bank Holdings Corporation, any securityholder of National Bank Holdings Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
F3 Includes a reduction of 24,881 shares that were sold on behalf of the reporting person's former spouse pursuant to a divorce decree and accompanying qualified domestic relations orders.
F4 Time-vested stock option award. Award vested in three equal annual installments, the first of which occurred on April 28, 2017.