SEC Form 4 · accession 0001611953-15-000036
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
Mar 10, 2015
Accepted (ET)
Mar 11, 2015 · 3:35 pm EDT
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 | Mar 10, 2015 | A | 5,341 | $0.00 | A | 35,048 | D | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 25,236 | I | 401k | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 3,208 | 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 | $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)F3 | $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)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 | 19,000 | 19,000 | D |
Explanation of responses
- F1Pursuant to NBT Bancorp Inc. Omnibus Performance Unit Agreement, each member of a select group of Management is entitled to receive an award based on Company performance goals in the form of restricted stock units that vest one year following the end of a performance period.
- 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.