SEC Form 5 · accession 0001611953-18-000014
NBT BANCORP INC · NBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Stagliano
Officer — EVP Ops and Retail Banking
Period of report
Dec 31, 2017
Accepted (ET)
Feb 13, 2018 · 2:26 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 StockF1 | Dec 31, 2017 | J | 99 | $0.00 | A | 5,360 | I | 401k |
| NBT Bancorp Inc. Common StockF2 | Dec 31, 2017 | J | 29 | $0.00 | A | 1,577 | I | NBT Bancorp ESOP |
| NBT Bancorp Inc. Common Stock | holding | — | — | — | 49,670 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF4,F3 | — | Dec 31, 2017 | J | 155 | A | — | — | NBT Bancorp Inc. Common Stock | 155 | 8,449 | D |
| Non-Qualified Stock Option (right to buy)F5 | $20.19 | holding | — | — | — | Jan 15, 2011 | Jan 15, 2020 | NBT Bancorp Inc. Common Stock | 5,500 | 5,500 | D |
Explanation of responses
- F1Shares were purchased through dividend reinvestment from 1/1/2017 through 12/31/2017 through NBT Bancorp Inc. 401k Plan.
- F2Shares were purchased through dividend reinvestment from 1/1/2017 through 12/31/2017 through NBT Bancorp Inc. ESOP Plan.
- F3Each share of phantom stock is deemed invested in one share of NBT Bancorp Inc. common stock pursuant to the terms of the Deferred Compensation Plan.
- F4Shares acquired under NBT Bancorp Dividend Reinvestment Plan during period of 1/1/2017 to 12/31/2017.
- F5Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.