SEC Form 4 · accession 0001611953-16-000117
NBT BANCORP INC · NBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael M Murphy
Director
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 12:58 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 Stock | Apr 29, 2016 | M | 600 | $22.5508 | A | 33,490 | D | |
| NBT Bancorp Inc. Common Stock | Apr 29, 2016 | M | 300 | $22.4842 | A | 33,790 | D | |
| NBT Bancorp Inc. Common StockF1 | May 1, 2016 | A | 742 | $0.00 | A | 34,532 | D | |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 4,410 | I | by Spouse |
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 | $22.4842 | Apr 29, 2016 | M | 300 | D | May 1, 2008 | May 1, 2017 | NBT Bancorp Inc. Common Stock | 300 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $22.5508 | Apr 29, 2016 | M | 600 | D | May 1, 2009 | May 1, 2018 | NBT Bancorp Inc. Common Stock | 600 | 0 | D |
Explanation of responses
- F1Acquired pursuant to the NBT Bancorp Inc. 2008 Omnibus Incentive Plan. Each outside director is entitled to receive an annual retainer for Board service in the form of restricted stock units of the Company's common stock that vests in three annual installments.
- F2Pursuant to NBT Non-Employee Director, Divisional Director and Subsidiary Director Stock Option Plan grant vests 40% for first year, 20% annually for following years.