Brad V. Hutjens - 20 May 2022 Form 4 Insider Report for NICOLET BANKSHARES INC (NIC)

Role: EVP - CCO - Nicolet Natl Bank
Signature: /s/ H. Phillip Moore, Jr., as attorney-in-fact for Brad V. Hutjens
Issuer symbol: NIC
Transactions as of: 20 May 2022
Net transactions value: +$75,460
Form type: 4
Filing time: 23 May 2022, 17:04:33 UTC
Previous filing: 07 Jan 2022
Next filing: 16 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NIC	Common Stock	Purchase	$75,460	+1,000	+4.2%	$75.46	24,857	20 May 2022	Direct	F1, F2

* 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 purchased in multiple transactions at prices ranging from $75.36 to $75.69, inclusive. Mr. Hutjens 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 purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2	Includes an additional 64 shares acquired under the Employee Stock Purchase Plan since Mr. Hutjens last Form 4 filing on January 7, 2022. Mr. Hutjens owns a total of 342 shares in the Employee Stock Purchase Plan as of the date of this report.

Content

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.36 to $75.69, inclusive. Mr. Hutjens 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 purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

Includes an additional 64 shares acquired under the Employee Stock Purchase Plan since Mr. Hutjens last Form 4 filing on January 7, 2022. Mr. Hutjens owns a total of 342 shares in the Employee Stock Purchase Plan as of the date of this report.