Brad V. Hutjens - 19 Nov 2024 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: 19 Nov 2024
Net transactions value: +$340,036
Form type: 4
Filing time: 21 Nov 2024, 14:36:55 UTC
Previous filing: 15 Nov 2024
Next filing: 26 Nov 2024
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	$350,875	+3,195	+12%	$109.82	29,692	19 Nov 2024	Direct	F1
transaction	NIC	Common Stock	Tax liability	$10,839	-99	-0.33%	$109.48	29,593	20 Nov 2024	Direct	F2, F3
holding	NIC	Common Stock						1,818	19 Nov 2024	By 401(k) Plan

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

Explanation of Responses:

Id	Content
F1	Restricted shares awarded November 19, 2024. Awarded shares will vest annually on November 19th of each year, in five equal installments, beginning November 19, 2025, and will fully vest on November 19, 2029.
F2	Shares withheld to satisfy tax obligation of vested restricted stock.
F3	Includes shares acquired under the Employee Stock Purchase Plan. Mr. Hutjens has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on November 15, 2024. Mr. Hutjens owns a total of 732 shares in the Employee Stock Purchase Plan as of the date of this report.