Eric J. Witczak - Apr 20, 2023 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role
EVP & Secretary
Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Eric J. Witczak
Stock symbol
NIC
Transactions as of
Apr 20, 2023
Transactions value $
$357,000
Form type
4
Date filed
4/24/2023, 01:54 PM
Previous filing
Nov 16, 2022
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $357K +15K +57.78% $23.80 41K Apr 20, 2023 Direct F1
holding NIC Common Stock 6.78K Apr 20, 2023 By 401(k) Plan

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 NIC Stock Option (Right to Buy) Options Exercise $0 -15K -100% $0.00* 0 Apr 20, 2023 Common Stock 15K $23.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 84 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on November 16, 2022, and 29 additional shares previously acquired under the Employee Stock Purchase Plan that were erroneously excluded from the amount of securities beneficially owned in Mr. Witczak's last Form 4. Mr. Witczak owns a total of 751 shares in the Employee Stock Purchase Plan as of the date of this report.
F2 The non-qualified stock option was fully vested as of October 28, 2019.