NBT BANCORP INC — Director's Dealing 2015

Mar 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2015-03-19

Reporting Person: SANTANGELO JOSEPH A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-19	NBT Bancorp Inc. Common Stock	M	1500.0	$20.7492	Acquired	16807	Direct
2015-03-19	NBT Bancorp Inc. Common Stock	F	1264.0	$24.61	Disposed	15543	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-19	Non-Qualified Stock Option (right to buy)	$20.7492	M	1500.0	Disposed	2015-05-01	NBT Bancorp Inc. Common Stock (1500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	65812.795	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$21.74	2016-05-01	NBT Bancorp Inc. Common Stock (1500)	1500	Direct
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

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.