NBT BANCORP INC — Director's Dealing 2013

Oct 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2013-10-16

Reporting Person: CHOJNOWSKI RICHARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-10-16	NBT Bancorp Inc. Common Stock	M	1073	$21.74	Acquired	277712	Direct
2013-10-16	NBT Bancorp Inc. Common Stock	S	1073	$24	Disposed	276639	Direct
2013-10-16	NBT Bancorp Inc. Common Stock	M	1500	$20.7492	Acquired	278139	Direct
2013-10-16	NBT Bancorp Inc. Common Stock	S	1500	$24	Disposed	276639	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-10-16	Non-Qualified Stock Option (right to buy)	$20.7492	M	1500	Disposed	2015-05-01	NBT Bancorp Inc. Common Stock (1500)	Direct
2013-10-16	Non-Qualified Stock Option (right to buy)	$21.74	M	1073	Disposed	2016-05-01	NBT Bancorp Inc. Common Stock (1073)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$22.4842	2017-05-01	NBT Bancorp Inc. Common Stock (1500)	1500	Direct
Non-Qualified Stock Option (right to buy)	$22.5508	2018-05-01	NBT Bancorp Inc. Common Stock (1500)	1500	Direct
Non-Qualified Stock Option (right to buy)	$23.2708	2015-01-20	NBT Bancorp Inc. Common Stock (630)	630	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.