SEC Form 4 · accession 0001690001-16-000003
NBT BANCORP INC · NBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia T Civil
Director
Period of report
Nov 16, 2016
Accepted (ET)
Nov 17, 2016 · 4:48 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 16, 2016 | M | 1,500 | $22.4842 | A | 24,168 | D | |
| NBT Bancorp Inc. Common Stock | Nov 16, 2016 | S | 1,500 | $38.7365 | D | 22,668 | D | |
| NBT Bancorp Inc. Common Stock | Nov 16, 2016 | M | 1,750 | $22.5508 | A | 24,418 | D | |
| NBT Bancorp Inc. Common Stock | Nov 16, 2016 | S | 1,750 | $38.7365 | D | 22,668 | D |
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 | $22.4842 | Nov 16, 2016 | M | 1,500 | D | May 1, 2008 | May 1, 2017 | NBT Bancorp Inc. Common Stock | 1,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $22.5508 | Nov 16, 2016 | M | 1,750 | D | May 1, 2009 | May 1, 2018 | NBT Bancorp Inc. Common Stock | 1,750 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $24.50 | holding | — | — | — | Dec 15, 2016 | Dec 15, 2024 | NBT Bancorp Inc. Common Stock | 2,130 | 2,130 | D |
| Non-Qualified Stock Option (right to buy)F2 | $25.92 | holding | — | — | — | Apr 8, 2018 | Apr 8, 2026 | NBT Bancorp Inc. Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1Pursuant to NBT Non-Employee Director, Divisional Director and Subsidiary Director Stock Option Plan grant vests 40% for first year, 20% annually for following years.
- F2Pursuant to NBT Non-Employee Director, Divisional Director and Subsidiary Director Stock Option Plan reload grant vests 100% two years after date of its grant.