SEC Form 4 · accession 0001611953-15-000060
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
Aug 6, 2015
Accepted (ET)
Aug 7, 2015 · 10:50 am 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 Stock | Aug 6, 2015 | M | 300 | $25.762 | A | 46,558 | D | |
| NBT Bancorp Inc. Common Stock | Aug 6, 2015 | S | 300 | $27.49 | D | 46,258 | D | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 14,623 | 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)F1 | $25.762 | Aug 6, 2015 | M | 300 | D | Jan 1, 2008 | Jan 1, 2017 | NBT Bancorp Inc. Common Stock | 300 | 19,700 | 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 |
Explanation of responses
- F1Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan grant vests 40% for first year, 20% annually for following years.
- F2Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.