NBT BANCORP INC — Director's Dealing 2013

Dec 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2013-12-24

Reporting Person: MITCHELL JOHN C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-24	NBT Bancorp Inc. Common Stock	M	1438	$22.1388	Acquired	35562	Direct
2013-12-24	NBT Bancorp Inc. Common Stock	F	1210	$26.31	Disposed	34352	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-24	Non-Qualified Stock Option (right to buy)	$22.1388	M	1438	Disposed	2014-01-01	NBT Bancorp Inc. Common Stock (1438)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	164041	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$20.7492	2015-05-01	NBT Bancorp Inc. Common Stock (1750)	1750	Direct
Non-Qualified Stock Option (right to buy)	$21.74	2016-05-01	NBT Bancorp Inc. Common Stock (1625)	1625	Direct
Non-Qualified Stock Option (right to buy)	$22.4842	2017-05-01	NBT Bancorp Inc. Common Stock (1800)	1800	Direct
Non-Qualified Stock Option (right to buy)	$22.5508	2018-05-01	NBT Bancorp Inc. Common Stock (2000)	2000	Direct
Non-Qualified Stock Option (right to buy)	$23.2708	2015-01-20	NBT Bancorp Inc. Common Stock (700)	700	Direct
Non-Qualified Stock Option (right to buy)	$23.8325	2014-11-10	NBT Bancorp Inc. Common Stock (1034)	1034	Direct

Footnotes

F1: Pursuant to NBT Non-Employee Director, Divisional Director and Subsidiary Director Stock Option Plan grant vests 40% for first year, 20% annually for following years.

F2: Pursuant to NBT Non-Employee Director, Divisional Director and Subsidiary Director Stock Option Plan reload grant vests 100% two years after date of its grant.