Insider Transactions in Q4 2012 at National Bank Holdings Corp (NBHC)

Date	Insider	Transaction	Ownership Type	Shares Traded	Value / Price
Oct 21 2012	G. Timothy Laney CHIEF EXECUTIVE OFFICER	SELL Payment of exercise price or tax liability	Direct	30,179 -6.56%	$573,401 $19.5 P/Share
Oct 21 2012	Kathryn M Hinderhofer Chief of Integrations	SELL Payment of exercise price or tax liability	Direct	2,230 -3.72%	$42,370 $19.5 P/Share
Oct 21 2012	Richard U Newfield Jr. CHIEF RISK MNGMT OFFICER	SELL Payment of exercise price or tax liability	Direct	5,180 -4.33%	$98,420 $19.5 P/Share
Oct 20 2012	Frank V Cahouet Director	SELL Payment of exercise price or tax liability	Direct	5,031 -6.57%	$95,589 $19.5 P/Share
Oct 20 2012	Ralph W Clermont	SELL Payment of exercise price or tax liability	Direct	4,206 -18.35%	$79,914 $19.5 P/Share
Oct 20 2012	Robert E Dean	SELL Payment of exercise price or tax liability	Direct	4,770 -22.02%	$90,630 $19.5 P/Share
Oct 20 2012	Maria F Spring	SELL Payment of exercise price or tax liability	Direct	3,354 -11.29%	$63,726 $19.5 P/Share
Oct 20 2012	Burney S. Warren Iii	SELL Payment of exercise price or tax liability	Direct	4,374 -30.52%	$83,106 $19.5 P/Share
Oct 20 2012	Donald Gaiter Ch. of Acquisitions & Strategy	SELL Payment of exercise price or tax liability	Direct	10,909 -4.24%	$207,271 $19.5 P/Share
Oct 20 2012	Thomas M Metzger Chief Ent. Tech. & Integration	SELL Payment of exercise price or tax liability	Direct	11,219 -4.63%	$213,161 $19.5 P/Share

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