Insider Transactions in Q4 2015 at National Bank Holdings Corp (NBHC)

Date	Insider	Transaction	Ownership Type	Shares Traded	Value / Price
Nov 10 2015	Thomas M Metzger Chief Ent. Tech. & Integration	SELL Payment of exercise price or tax liability	Direct	423,144 -24.76%	$9,732,312 $23.05 P/Share
Nov 10 2015	Thomas M Metzger Chief Ent. Tech. & Integration	BUY Exercise of conversion of derivative security	Direct	453,833 +17.67%	$8,622,827 $19.64 P/Share
Nov 02 2015	Fred J. Joseph	SELL Payment of exercise price or tax liability	Direct	1,047 -15.47%	$23,034 $22.29 P/Share
Nov 02 2015	Maria F Spring	SELL Payment of exercise price or tax liability	Direct	1,043 -3.47%	$22,946 $22.29 P/Share
Nov 02 2015	Burney S. Warren Iii	SELL Payment of exercise price or tax liability	Direct	1,145 -4.92%	$25,190 $22.29 P/Share
Nov 02 2015	Robert E Dean	SELL Payment of exercise price or tax liability	Direct	1,055 -3.89%	$23,210 $22.29 P/Share
Nov 02 2015	Frank V Cahouet Director	SELL Payment of exercise price or tax liability	Direct	1,372 -3.97%	$30,184 $22.29 P/Share

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