X0306 4 2016-05-03 0 0001475841 National Bank Holdings Corp NBHC 0001558071 Spring Maria F 7800 EAST ORCHARD ROAD SUITE 300 GREENWOOD VILLAGE CO 80111 1 0 0 0 Common Stock 2016-05-03 4 F 0 1043 19.66 D 27986 D Common Stock 2016-05-04 4 A 0 4584 0 A 32570 D Shares withheld to settle income tax liability on restricted stock that vested on May 3, 2016. Total includes 4,584 unvested shares of restricted stock awarded under the NBHC 2014 Omnibus Incentive Plan that are scheduled to vest in two equal installments on (i) the 180th day following the date of grant and (ii) the day before NBHC's 2017 Annual Meeting of Shareholders. /s/ Zsolt K. Bessko as Attorney-in-Fact 2016-05-05