ASSOCIATED BANC-CORP — Director's Dealing 2021

Feb 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASSOCIATED BANC-CORP (ASB)
CIK: 0000007789
Period of Report: 2021-02-24

Reporting Person: Stein David L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-24	Common Stock $0.01 Par Value	M	15617	$12.97	Acquired	75278	Direct
2021-02-24	Common Stock $0.01 Par Value	F	11514	$21.17	Disposed	63764	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-24	Non-qualified Stock Option (Right to Buy)	$12.97	M	15617	Disposed	2022-01-23	Common Stock $0.01 Par Value (15617)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $0.01 Par Value	39213	Indirect
Common Stock $0.01 Par Value	7531.33	Indirect

Footnotes

F1: Represents a "net exercise" of outstanding stock options. The reporting person received 4,103 shares of common stock on net exercise of options to purchase 15,617 shares of common stock. The Company withheld 11,514 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the stock price of $21.17.

F2: Options vested in annual increments over 3 years; 34% on the first anniversary after the grant date, and 33% on the second and third anniversaries after the grant date, respectively.