NBT BANCORP INC — Director's Dealing 2013

Jan 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2013-01-18

Reporting Person: RAVEN DAVID E (President & CEO Pennstar)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-18	NBT Bancorp Inc. Common Stock	S	1873	$20.825	Disposed	42055.032	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	19004.1329	Indirect
NBT Bancorp Inc. Common Stock	2663.3177	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$20.19	2020-01-15	NBT Bancorp Inc. Common Stock (18000)	18000	Direct
Non-Qualified Stock Option (right to buy)	$20.3617	2018-01-15	NBT Bancorp Inc. Common Stock (17000)	17000	Direct
Non-Qualified Stock Option (right to buy)	$22.1715	2014-01-01	NBT Bancorp Inc. Common Stock (15831)	15831	Direct
Non-Qualified Stock Option (right to buy)	$22.352	2016-01-01	NBT Bancorp Inc. Common Stock (20000)	20000	Direct
Non-Qualified Stock Option (right to buy)	$23.2708	2015-01-20	NBT Bancorp Inc. Common Stock (16289)	16289	Direct
Non-Qualified Stock Option (right to buy)	$25.38	2019-01-15	NBT Bancorp Inc. Common Stock (18000)	18000	Direct
Non-Qualified Stock Option (right to buy)	$25.762	2017-01-01	NBT Bancorp Inc. Common Stock (19000)	19000	Direct

Footnotes

F1: The sale price is an average of 100 shares sold at $ 20.76, 300 shares sold at $ 20.7612, 100 shares sold at $ 20.77, 300 shares sold at $ 20.80, 100 shares sold at $ 20.8118, 300 shares sold at $ 20.82, 200 shares sold at $20.8554, 200 shares sold at $20.86 and 273 shares sold at $ 20.929.

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.