Brad V. Hutjens - 14 Nov 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: 14 Nov 2022
Net transactions value: +$91,069
Form type: 4
Filing time: 16 Nov 2022, 16:31:02 UTC
Previous filing: 23 May 2022
Next filing: 28 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NIC	Common Stock	Award	$91,069	+1,125	+4.5%	$80.95	26,069	14 Nov 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Restricted shares awarded November 14, 2022. Awarded shares will vest as follows: 1/3 immediate, 1/3 on November 14, 2023, and 1/3 on November 14, 2024.
F2	Includes an additional 87 shares acquired under the Employee Stock Purchase Plan since Mr. Hutjens last Form 4 filing dated May 23, 2022. Mr. Hutjens owns a total of 429 shares in the Employee Stock Purchase Plan as of the date of this report.