NBT BANCORP INC — Director's Dealing 2015

Feb 17, 2015

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2014-12-31

Reporting Person: CHEWENS MICHAEL J (Sr EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-31	NBT Bancorp Inc. Common Stock	J	2544	—	Disposed	41061	Direct
2014-12-31	NBT Bancorp Inc. Common Stock	J	2544	—	Acquired	14622.927	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	3922.861	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 (20000)	20000	Direct

Footnotes

F1: Reduced for 2,544 shares to reflect a sale that was previously classified in indirect ownership on the January 17, 2014 filing.

F2: Increased for 2,544 shares that were previously reported as a sale of indirect ownership on the January 17, 2014 filing.

F3: Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.

F4: Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan grant vests 40% for first year, 20% annually for following years.