Brad V. Hutjens - 14 Nov 2023 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 2023
Net transactions value: -$9,374
Form type: 4
Filing time: 16 Nov 2023, 16:29:45 UTC
Previous filing: 28 Jul 2023
Next filing: 22 Nov 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	Tax liability	$9,374	-120	-0.46%	$78.12	26,115	14 Nov 2023	Direct	F1, F2
holding	NIC	Common Stock						1,818	14 Nov 2023	By 401(k) Plan

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

Explanation of Responses:

Id	Content
F1	Shares withheld to satisfy tax obligation of vested restricted stock.
F2	Includes an additional 45 shares acquired under the Employee Stock Purchase Plan since Mr. Hutjens last Form 4 filing dated July 28, 2023. Mr. Hutjens owns a total of 595 shares in the Employee Stock Purchase Plan as of the date of this report.