Insider Transactions in Q4 2014 at National Bank Holdings Corp (NBHC)

Date	Insider	Transaction	Ownership Type	Shares Traded	Value / Price
Nov 04 2014	Frank V Cahouet Director	SELL Payment of exercise price or tax liability	Direct	1,389 -4.25%	$26,391 $19.47 P/Share
Nov 04 2014	Ralph W Clermont	SELL Payment of exercise price or tax liability	Direct	1,701 -20.33%	$32,319 $19.47 P/Share
Nov 04 2014	Robert E Dean	SELL Payment of exercise price or tax liability	Direct	1,140 -13.67%	$21,660 $19.47 P/Share
Nov 04 2014	Maria F Spring	SELL Payment of exercise price or tax liability	Direct	1,057 -3.83%	$20,083 $19.47 P/Share
Nov 04 2014	Burney S. Warren Iii	SELL Payment of exercise price or tax liability	Direct	1,161 -5.55%	$22,059 $19.47 P/Share
Nov 03 2014	Fred J. Joseph	SELL Payment of exercise price or tax liability	Direct	700 -18.33%	$13,300 $19.49 P/Share
Oct 11 2014	Frank V Cahouet Director	SELL Payment of exercise price or tax liability	Direct	735 -2.2%	$13,230 $18.75 P/Share
Oct 11 2014	Ralph W Clermont	SELL Payment of exercise price or tax liability	Direct	772 -8.45%	$13,896 $18.75 P/Share
Oct 11 2014	Robert E Dean	SELL Payment of exercise price or tax liability	Direct	603 -6.74%	$10,854 $18.75 P/Share
Oct 11 2014	Maria F Spring	SELL Payment of exercise price or tax liability	Direct	560 -1.99%	$10,080 $18.75 P/Share
Oct 11 2014	Burney S. Warren Iii	SELL Payment of exercise price or tax liability	Direct	614 -2.85%	$11,052 $18.75 P/Share

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