NBT BANCORP INC - Director's Dealing 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2012-02-01

Reporting Person: DIETRICH MARTIN A (Director, President & CEO NBT Bancorp)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-01	NBT Bancorp Inc. Common Stock	M	24000	$17.538	Acquired	179945.498	Direct
2012-02-01	NBT Bancorp Inc. Common Stock	S	24000	$22.8356	Disposed	155945.498	Direct
2012-02-01	NBT Bancorp Inc. Common Stock	S	3629	$22.9554	Disposed	152316.498	Direct
2012-02-01	NBT Bancorp Inc. Common Stock	S	2856	$22.8981	Disposed	149460.498	Direct
2012-02-02	NBT Bancorp Inc. Common Stock	S	848	$22.8854	Disposed	0	Indirect

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-01	Non-Qualified Stock Option (right to buy)	$17.538	M	24000	Disposed	2013-01-01	NBT Bancorp Inc. Common Stock (24000)	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$20.19	2020-01-15	NBT Bancorp Inc. Common Stock (25000)	25000	Direct
Non-Qualified Stock Option (right to buy)	$20.3617	2018-01-15	NBT Bancorp Inc. Common Stock (25000)	25000	Direct
Non-Qualified Stock Option (right to buy)	$20.94	2021-11-18	NBT Bancorp Inc. Common Stock (30000)	30000	Direct
Non-Qualified Stock Option (right to buy)	$22.1715	2014-01-01	NBT Bancorp Inc. Common Stock (21311)	21311	Direct
Non-Qualified Stock Option (right to buy)	$22.205	2014-02-11	NBT Bancorp Inc. Common Stock (3840)	3840	Direct
Non-Qualified Stock Option (right to buy)	$22.352	2016-01-01	NBT Bancorp Inc. Common Stock (30000)	30000	Direct
Non-Qualified Stock Option (right to buy)	$23.2708	2015-01-20	NBT Bancorp Inc. Common Stock (22423)	22423	Direct
Non-Qualified Stock Option (right to buy)	$24.4458	2015-08-01	NBT Bancorp Inc. Common Stock (6470)	6470	Direct
Non-Qualified Stock Option (right to buy)	$24.5692	2017-12-27	NBT Bancorp Inc. Common Stock (12641)	12641	Direct
Non-Qualified Stock Option (right to buy)	$25.38	2019-01-15	NBT Bancorp Inc. Common Stock (25000)	25000	Direct
Non-Qualified Stock Option (right to buy)	$25.762	2017-01-01	NBT Bancorp Inc. Common Stock (28000)	28000	Direct

F1: The sale price is an average of 2,944 shares sold at $ 22.95002, 585 shares sold at $ 22.98 and 100 shares sold at $ 22.97.

F2: Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.

F3: Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan grant vests 40% for first year, 20% annually for following years.

F4: Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan reload grant vests 100% two years after date of its grant.