Eric J. Witczak - Jan 22, 2024 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
Jan 22, 2024
Transactions value $
-$92,939
Form type
4
Date filed
1/23/2024, 04:35 PM
Previous filing
Dec 18, 2023
Next filing
Jul 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $76.3K +2.05K +4.96% $37.18 43.5K Jan 22, 2024 Direct
transaction NIC Common Stock Sale -$169K -2.05K -4.72% $82.45 41.4K Jan 22, 2024 Direct F1, F2
holding NIC Common Stock 6.78K Jan 22, 2024 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 -2.05K -100% $0.00* 0 Jan 22, 2024 Common Stock 2.05K $37.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.05 to $82.76, inclusive. The reporting person undertakes to provide to Nicolet Bankshares, Inc., any security holder of Nicolet Bankshares, Inc., 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 (1) to this Form 4.
F2 Includes 34 additional shares acquired under the Employee Stock Purchase Plan since Mr. Witczak's last Form 4 filing on December 18, 2023. Mr. Witczak owns a total of 868 shares in the Employee Stock Purchase Plan as of the date of this report.
F3 The non-qualified stock option was fully vested as of September 20, 2021. The non-qualified stock option is now fully exercised as of the date of this report.