SEC Form 4 · accession 0001209191-15-005303
NBT BANCORP INC · NBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Chewens
Officer — Sr EVP & CFO
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 7:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000790359
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| NBT Bancorp Inc. Common Stock | Jan 15, 2015 | F | 333 | $23.95 | D | 42,672 | D | |
| NBT Bancorp Inc. Common Stock | Jan 15, 2015 | F | 687 | $23.95 | D | 41,985 | D | |
| NBT Bancorp Inc. Common Stock | Jan 15, 2015 | F | 407 | $23.95 | D | 41,578 | D | |
| NBT Bancorp Inc. Common Stock | Jan 15, 2015 | F | 333 | $23.95 | D | 41,245 | D | |
| NBT Bancorp Inc. Common StockF1 | Jan 16, 2015 | S | 2,955 | $24.0175 | D | 38,290 | D | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 12,079 | I | 401k | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 3,923 | I | NBT Bancorp ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $25.38 | holding | — | — | — | Jan 15, 2010 | Jan 15, 2019 | NBT Bancorp Inc. Common Stock | 18,000 | 18,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $25.762 | holding | — | — | — | Jan 1, 2008 | Jan 1, 2017 | NBT Bancorp Inc. Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The sale price is an average 2,995 shares sold at prices between $23.875 and $24.21.
- F2Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.
- F3Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan grant vests 40% for first year, 20% annually for following years.