Michael E. Daniels - Aug 30, 2024 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Signature
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Michael E. Daniels
Stock symbol
NIC
Transactions as of
Aug 30, 2024
Transactions value $
-$517,107
Form type
4
Date filed
9/3/2024, 01:28 PM
Previous filing
Aug 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NIC Common Stock Options Exercise $504K +10.3K +14.25% $48.85 82.7K Aug 30, 2024 Direct
transaction NIC Common Stock Sale -$1.02M -10.3K -12.47% $98.98 72.4K Aug 30, 2024 Direct F1, F2
holding NIC Common Stock 6.25K Aug 30, 2024 By 401(k) Plan
holding NIC Common Stock 9.8K Aug 30, 2024 By Spouse

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 -10.3K -9.02% $0.00 104K Aug 30, 2024 Common Stock 10.3K $48.85 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 sold in multiple transactions at prices ranging from $98.85 to $99.41, inclusive. Mr. Daniels 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 a total of 913 shares owned by Mr. Daniels in the Employee Stock Purchase Plan. Mr. Daniels has not acquired additional shares under the Employee Stock Purchase Plan since Mr. Daniels last Form 4 filing dated August 29, 2024.
F3 The non-qualified stock option fully vested as of May 16, 2022, and is currently exercisable as to all remaining 104,071 shares.