NIC

SEC source: 0001127602-23-027071 · form4.xml · nonDerivative · entry 4

DANIELS MICHAEL E · CIK 0001243706 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 84,305

F1 · price: The price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $74.05 to $74.65, inclusive. Mr. Daniels 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 sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

SEC source: 0001127602-23-027071 · form4.xml · nonDerivative · entry 3

DANIELS MICHAEL E · CIK 0001243706 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 103,877

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-23-026839 · form4.xml · nonDerivative · entry 1

MERKATORIS SUSAN L · CIK 0001270220 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 99,598

F1 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.905 to $75.440, inclusive. Ms. Merkatoris 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 sold at each separate price within the range set forth in footnote (1) to this Form 4.

SEC source: 0001127602-23-026268 · form4.xml · nonDerivative · entry 5

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 8,840

F4 · shares: Mr. Weyers acquired 166 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026265 · form4.xml · nonDerivative · entry 2

Smith Oliver Pierce · CIK 0001702992 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 1,740

F1 · shares: Mr. Smith acquired 13 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026263 · form4.xml · nonDerivative · entry 2

McClone Dustin James · CIK 0001702968 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan for Non-employee Directors

Disclosed balance after: 1,242

F1 · shares: Mr. McClone acquired 63 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026261 · form4.xml · nonDerivative · entry 2

LONG DONALD J JR · CIK 0001243725 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 4,779

F1 · shares: Mr. Long acquired 140 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026257 · form4.xml · nonDerivative · entry 2

HETZEL ANDREW F JR · CIK 0001243718 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 1,366

F1 · shares: Mr. Hetzel acquired 46 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026259 · form4.xml · nonDerivative · entry 2

JOHNSON BRENDA L · CIK 0001942061 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · by Nicolet National Bank Deferred Compensation Plan for Non-employee Directors

Disclosed balance after: 293

F1 · shares: Ms. Johnson acquired 104 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026255 · form4.xml · nonDerivative · entry 2

Ghidorzi Christopher J. · CIK 0001487072 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 2,937

F1 · shares: Mr. Ghidorzi acquired 72 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026253 · form4.xml · nonDerivative · entry 2

COLON HECTOR · CIK 0001873825 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan for Non-employee Directors

Disclosed balance after: 490

F1 · shares: Mr. Colon acquired 55 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026251 · form4.xml · nonDerivative · entry 2

Anderson Marcia M · CIK 0001731849 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 280

F1 · shares: Ms. Anderson acquired 53 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-23-026249 · form4.xml · nonDerivative · entry 2

Dykema John Nicholas · CIK 0001664500 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 8,514

F1 · shares: Mr. Dykema acquired 116 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors.

SEC source: 0001127602-24-016966 · form4.xml · nonDerivative · entry 2

DAVIS LYNN DALE · CIK 0001630336 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,254.218

F1 · shares: Acquired through dividend reinvestment.

SEC source: 0001127602-23-023485 · form4.xml · nonDerivative · entry 5

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Ronald and Colleen Weyers Grandchildren's Trust #2

Disclosed balance after: 12,333

F1 · shares: On August 29, 2023, Mr. Weyers transferred 8,333 shares of Nicolet Bankshares, Inc. common stock to the Ronald and Colleen Weyers Grandchildren's Trust #2, of which Mr. Weyers is trustee, for no consideration. Mr. Weyers disclaims beneficial ownership of registrant common stock held by the Ronald and Colleen Weyers Grandchildren's Trust #2 except to the extent of Mr. Weyers pecuniary interest.

F4 · ownership.nature: Represents the holdings of Ronald and Colleen Weyers Grandchildren's Trust #2 of which the reporting person is trustee. The reporting person disclaims beneficial ownership of registrant common stock held by Ronald and Colleen Weyers Grandchildren's Trust #2 except to the extent of his pecuniary interest.

SEC source: 0001127602-23-023485 · form4.xml · nonDerivative · entry 1

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,530

F1 · shares: On August 29, 2023, Mr. Weyers transferred 8,333 shares of Nicolet Bankshares, Inc. common stock to the Ronald and Colleen Weyers Grandchildren's Trust #2, of which Mr. Weyers is trustee, for no consideration. Mr. Weyers disclaims beneficial ownership of registrant common stock held by the Ronald and Colleen Weyers Grandchildren's Trust #2 except to the extent of Mr. Weyers pecuniary interest.

SEC source: 0001127602-23-023300 · form4.xml · nonDerivative · entry 2

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,863

SEC source: 0001127602-23-023300 · form4.xml · nonDerivative · entry 1

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,640

SEC source: 0001127602-23-023165 · form4.xml · nonDerivative · entry 3

Madson Patrick Joseph · CIK 0001666799 · SVP-Wealth Mgmt-NicoletNatBank

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,848

F1 · balance_after: Includes 488 shares owned in the Employee Stock Purchase Plan. Mr. Madson has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on November 23, 2022.

SEC source: 0001127602-23-023115 · form4.xml · nonDerivative · entry 1

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 83,057

SEC source: 0001127602-23-022439 · form4.xml · nonDerivative · entry 1

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 58,456

F1 · balance_after: Includes shares acquired under the Employee Stock Purchase Plan. Mr. Atwell has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on August 7, 2023. Mr. Atwell owns a total of 437 shares in the Employee Stock Purchase Plan as of the date of this report.

SEC source: 0001127602-23-022116 · form4.xml · nonDerivative · entry 3

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,456

F1 · balance_after: Includes shares acquired under the Employee Stock Purchase Plan. Mr. Atwell has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on July 28, 2023. Mr. Atwell owns a total of 437 shares in the Employee Stock Purchase Plan as of the date of this report.

SEC source: 0001127602-23-022116 · form4.xml · nonDerivative · entry 2

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,456

SEC source: 0001127602-23-021499 · form4.xml · derivative · entry 4

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 175,000

Underlying: Common Stock · 25,000 shares

Expires 2027-05-16

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: The nonqualified options fully vested as of May 16, 2022. The non-qualified options are exercisable as to 175,000 shares as of the date of this report.

SEC source: 0001127602-23-021499 · form4.xml · nonDerivative · entry 3

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,456

F1 · shares: Shares withheld to cover strike and tax obligations of the non-qualified stock option exercise of 25,000 shares completed, July 27, 2023.

F2 · balance_after: Includes shares acquired under the Employee Stock Purchase Plan. Mr. Atwell has not acquired additional shares under the Employee Stock Purchase Plan since his last Form 4 filing on July 25, 2023. Mr. Atwell owns a total of 437 shares in the Employee Stock Purchase Plan as of the date of this report.

SEC source: 0001127602-23-021499 · form4.xml · nonDerivative · entry 2

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 83,038

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-23-021497 · form4.xml · derivative · entry 4

Hutjens Brad Vincent · CIK 0001664629 · EVP - CCO - Nicolet Natl Bank

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,000

Underlying: Common Stock · 2,500 shares

Expires 2024-10-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: The non-qualified stock option fully vested as of October 28, 2019, and is currently exercisable as to 5,000 shares.

SEC source: 0001127602-23-021497 · form4.xml · nonDerivative · entry 3

Hutjens Brad Vincent · CIK 0001664629 · EVP - CCO - Nicolet Natl Bank

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,190

F1 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.30 to $81.67, inclusive. Mr. Hutjens undertakes to provides 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 sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

F2 · balance_after: Includes an additional 121 shares acquired under the Employee Stock Purchase Plan since Mr. Hutjens last Form 4 filing dated November 16, 2022. Mr. Hutjens owns a total of 550 shares in the Employee Stock Purchase Plan as of the date of this report.

SEC source: 0001127602-23-021497 · form4.xml · nonDerivative · entry 2

Hutjens Brad Vincent · CIK 0001664629 · EVP - CCO - Nicolet Natl Bank

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,690

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-23-021237 · form4.xml · derivative · entry 4

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 200,000

Underlying: Common Stock · 25,000 shares

Expires 2027-05-16

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: The nonqualified options fully vested as of May 16, 2022. The non-qualified options are exercisable as to 200,000 shares as of the date of this report.

SEC source: 0001127602-23-021237 · form4.xml · nonDerivative · entry 3

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 58,038

F1 · shares: Shares withheld to cover strike and tax obligations of the non-qualified stock option exercise of 25,000 shares completed, July 21, 2023.

F2 · balance_after: Includes 61 shares acquired under the Employee Stock Purchase Plan since Mr. Atwell's previous Form 4 filing dated December 27, 2022. Mr. Atwell owns a total of 437 shares in the Employee Stock Purchase Plan as of the date of this report.

SEC source: 0001127602-23-021237 · form4.xml · nonDerivative · entry 2

ATWELL ROBERT BRUCE · CIK 0001253903 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 76,783

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-23-020981 · form4.xml · nonDerivative · entry 5

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 8,674

F4 · shares: Mr. Weyers acquired 69 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his second quarter 2023 earned board fees.

SEC source: 0001127602-23-020979 · form4.xml · nonDerivative · entry 2

McClone Dustin James · CIK 0001702968 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan for Non-employee Directors

Disclosed balance after: 1,179

F1 · shares: Mr. McClone acquired 66 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his second quarter 2023 earned board fees.

SEC source: 0001127602-23-020977 · form4.xml · nonDerivative · entry 2

LONG DONALD J JR · CIK 0001243725 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 4,639

F1 · shares: Mr. Long acquired 73 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his second quarter 2023 earned board fees.

SEC source: 0001127602-23-020975 · form4.xml · nonDerivative · entry 2

JOHNSON BRENDA L · CIK 0001942061 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · by Nicolet National Bank Deferred Compensation Plan for Non-employee Directors

Disclosed balance after: 189

F1 · shares: Ms. Johnson acquired 69 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring her second quarter 2023 earned board fees.

SEC source: 0001127602-23-020973 · form4.xml · nonDerivative · entry 2

HETZEL ANDREW F JR · CIK 0001243718 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 1,320

F1 · shares: Mr. Hetzel acquired 90 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his second quarter 2023 earned board fees.

SEC source: 0001127602-23-020971 · form4.xml · nonDerivative · entry 2

Ghidorzi Christopher J. · CIK 0001487072 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 2,865

F1 · shares: Mr. Ghidorzi acquired 55 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring a portion of his second quarter 2023 earned board fees.

SEC source: 0001127602-23-020969 · form4.xml · nonDerivative · entry 2

Dykema John Nicholas · CIK 0001664500 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 8,398

F1 · shares: Mr. Dykema acquired 56 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his second quarter 2023 earned board fees.

SEC source: 0001127602-23-020967 · form4.xml · nonDerivative · entry 2

COLON HECTOR · CIK 0001873825 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Nicolet National Bank Deferred Compensation Plan for Non-employee Directors

Disclosed balance after: 435

F1 · shares: Mr. Colon acquired 62 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring his second quarter 2023 earned board fees.

SEC source: 0001127602-23-020965 · form4.xml · nonDerivative · entry 2

Anderson Marcia M · CIK 0001731849 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · by Nicolet National Bank Deferred Compensation Plan For Non-employee Directors

Disclosed balance after: 227

F1 · shares: Ms. Anderson acquired 48 shares in the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors by deferring her second quarter 2023 earned board fees.

SEC source: 0001127602-24-016966 · form4.xml · nonDerivative · entry 1

DAVIS LYNN DALE · CIK 0001630336 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,243.423

F1 · shares: Acquired through dividend reinvestment.

SEC source: 0001127602-23-016175 · form4.xml · nonDerivative · entry 1

TELLOCK GLEN E · CIK 0001205092 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 898

F1 · shares: The Company paid Mr. Tellock the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.

SEC source: 0001127602-23-016119 · form4.xml · nonDerivative · entry 1

WEYERS ROBERT J · CIK 0001243734 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 88,613

F1 · shares: The Company paid Mr. Weyers the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.

SEC source: 0001127602-23-016113 · form4.xml · nonDerivative · entry 1

Smith Oliver Pierce · CIK 0001702992 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 444,657

F1 · shares: The Company paid Mr. Smith the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.

SEC source: 0001127602-23-016110 · form4.xml · nonDerivative · entry 1

MERKATORIS SUSAN L · CIK 0001270220 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 102,598

F1 · shares: The Company paid Ms. Merkatoris the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.

SEC source: 0001127602-23-016107 · form4.xml · nonDerivative · entry 1

McClone Dustin James · CIK 0001702968 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,790

F1 · shares: The Company paid Mr. McClone the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.

SEC source: 0001127602-23-016099 · form4.xml · nonDerivative · entry 1

LONG DONALD J JR · CIK 0001243725 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 79,654

F1 · shares: The Company paid Mr. Long the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.

SEC source: 0001127602-23-016095 · form4.xml · nonDerivative · entry 1

JOHNSON BRENDA L · CIK 0001942061 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 670,863

F1 · shares: The Company paid Ms. Johnson the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.

SEC source: 0001127602-23-016091 · form4.xml · nonDerivative · entry 1

HETZEL ANDREW F JR · CIK 0001243718 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,592

F1 · shares: The Company paid Mr. Hetzel the Board annual retainer, granted as a restricted stock award with an immediate full vest of 898 shares, as of May 16, 2023.