William M. Bohn - Apr 15, 2024 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role: EVP Wealth Mgmt - Nicolet Bank
Signature: /s/ H. Phillip Moore, Jr., as attorney-in-fact for William M. Bohn
Stock symbol: NIC
Transactions as of: Apr 15, 2024
Transactions value $: $4,659,600
Form type: 4
Date filed: 4/17/2024, 11:08 AM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NIC	Common Stock	Award	$777K	+10K		$77.66	10K	Apr 15, 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
transaction	NIC	Stock Option (Right to Buy)	Award	$3.88M	+50K		$77.66	50K	Apr 15, 2024	Common Stock	50K	$77.66	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The restricted stock award of 10,000 shares will vest in five annual installments of 2,000 shares annually on April 15 of each year, beginning April 15, 2025, and will fully vest on April 15, 2029.
F2	The nonqualified option grant of 50,000 shares will vest in five annual installments of 10,000 shares annually on April 15 of each year, beginning on April 15, 2025, and will fully vest on April 15, 2029.