SEC Form 4 · accession 0001611953-15-000070
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
Nov 11, 2015
Accepted (ET)
Nov 12, 2015 · 4:33 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 | Nov 11, 2015 | M | 1,110 | $20.3617 | A | 36,158 | D | |
| NBT Bancorp Inc. Common Stock | Nov 11, 2015 | S | 1,110 | $30.20 | D | 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)F1 | $20.3617 | Nov 11, 2015 | M | 1,110 | D | Jan 15, 2009 | Jan 15, 2018 | NBT Bancorp Inc. Common Stock | 1,110 | 7,714 | D |
| 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)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.