NBT BANCORP INC — Director's Dealing 2015

Mar 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2015-03-10

Reporting Person: RAVEN DAVID E (President of Retail Banking)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-10	NBT Bancorp Inc. Common Stock	A	5341.0	$0.0	Acquired	35048.032	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	25235.8379	Indirect
NBT Bancorp Inc. Common Stock	3207.9817	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)	$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: Pursuant to NBT Bancorp Inc. Omnibus Performance Unit Agreement, each member of a select group of Management is entitled to receive an award based on Company performance goals in the form of restricted stock units that vest one year following the end of a performance period.

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.