G. TIMOTHY LANEY - 01 Apr 2023 Form 4 Insider Report for National Bank Holdings Corp (NBHC)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ G. Timothy Laney
Issuer symbol: NBHC
Transactions as of: 01 Apr 2023
Transactions value $: -$196,209
Form type: 4
Filing time: 04 Apr 2023, 21:46:03 UTC
Previous filing: 03 Mar 2023
Next filing: 02 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NBHC	Common Stock	Award	$0	+12,604	+5.7%	$0	233,852	01 Apr 2023	Direct	F1
transaction	NBHC	Common Stock	Award	$0	+13,406	+5.73%	$0	247,258	01 Apr 2023	Direct	F2
transaction	NBHC	Common Stock	Tax liability	-$196,209	-5,864	-2.38%	$33.46	240,150	01 Apr 2023	Direct	F3, F4

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	NBHC	Employee Stock Option (Right to Buy)	Award	$0	+31,204		$0	31,204	01 Apr 2023	Common Stock	31,204	$33.46	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Shares of restricted stock granted under the NBHC 2014 Omnibus Incentive Plan. The shares are time vesting and vest in three equal annual installments beginning on April 28, 2024.
F2	Shares of common stock acquired upon settlement of a performance stock unit award granted to the reporting person on August 5, 2020.
F3	Shares withheld to settle income tax liability on restricted stock that vested upon settlement of the above-referenced performance stock unit award on April 1, 2023.
F4	Includes a reduction of 1,243 shares that were delivered to the reporting person's former spouse pursuant to a divorce decree and accompanying qualified domestic relations orders.
F5	Granted under the NBHC 2014 Omnibus Incentive Plan. The stock option award is scheduled to vest in three equal annual installments beginning on April 28, 2024.