SEC Form 4 · accession 0001611953-16-000111
NBT BANCORP INC · NBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin A Dietrich
Officer — President & CEO NBT Bancorp · Director
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 3:37 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 28, 2016 | A | 15,759 | $0.00 | A | 161,824 | D | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 19,281 | I | 401k | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 340 | I | Custodian for Minor | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 10,732 | 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 | 25,000 | 25,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $20.3617 | holding | — | — | — | Jan 15, 2009 | Jan 15, 2018 | NBT Bancorp Inc. Common Stock | 25,000 | 25,000 | D |
| Non-Qualified Stock Option (right to buy)F4 | $25.15 | holding | — | — | — | Oct 29, 2016 | Oct 29, 2024 | NBT Bancorp Inc. Common Stock | 20,575 | 20,575 | D |
| Non-Qualified Stock Option (right to buy)F4 | $25.36 | holding | — | — | — | Oct 29, 2016 | Oct 29, 2024 | NBT Bancorp Inc. Common Stock | 1,166 | 1,166 | D |
| Non-Qualified Stock Option (right to buy)F2 | $25.38 | holding | — | — | — | Jan 15, 2010 | Jan 15, 2019 | NBT Bancorp Inc. Common Stock | 25,000 | 25,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $25.762 | holding | — | — | — | Jan 1, 2008 | Jan 1, 2017 | NBT Bancorp Inc. Common Stock | 28,000 | 28,000 | D |
| Non-Qualified Stock Option (right to buy)F4 | $26.67 | holding | — | — | — | Sep 14, 2017 | Sep 14, 2025 | NBT Bancorp Inc. Common Stock | 13,641 | 13,641 | 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.
- F4Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan reload grant vests 100% two years after date of its grant.
Remarks
Reporting person is no longer Custodian for Minor's 415 shares, has no investment power over such, and therefore these shares are not included in this filing.