SEC Form 4 · accession 0001611953-15-000011
NBT BANCORP INC · NBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Raven
Officer — President of Retail Banking
Period of report
Jan 20, 2015
Accepted (ET)
Jan 22, 2015 · 9:21 am 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 StockF1 | Jan 20, 2015 | S | 1,780 | $24.1058 | D | 31,770 | D | |
| NBT Bancorp Inc. Common StockF2 | Jan 20, 2015 | S | 965 | $23.9752 | D | 30,805 | D | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 23,215 | I | 401k | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 3,099 | 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)F3 | $20.19 | holding | — | — | — | Jan 15, 2011 | Jan 15, 2020 | NBT Bancorp Inc. Common Stock | 18,000 | 18,000 | D |
| Non-Qualified Stock Option (right to buy)F4 | $20.3617 | holding | — | — | — | Jan 15, 2009 | Jan 15, 2018 | NBT Bancorp Inc. Common Stock | 17,000 | 17,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $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)F4 | $25.762 | holding | — | — | — | Jan 1, 2008 | Jan 1, 2017 | NBT Bancorp Inc. Common Stock | 19,000 | 19,000 | D |
Explanation of responses
- F1The sale price is an average of 1,780 shares sold at prices between $23.95 and $24.24
- F2The sale price is an average of 965 shares sold at prices between $23.94 and $24.00
- F3Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.
- F4Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan grant vests 40% for first year, 20% annually for following years.