NBT BANCORP INC — Director's Dealing 2018

Jul 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2018-07-26

Reporting Person: Stagliano Joseph R (EVP Ops and Retail Banking)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-26	NBT Bancorp Inc. Common Stock	M	5500	$20.19	Acquired	59737	Direct
2018-07-26	NBT Bancorp Inc. Common Stock	S	5500	$41.4514	Disposed	54237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-26	Non-Qualified Stock Option (right to buy)	$20.19	M	5500	Disposed	2020-01-15	NBT Bancorp Inc. Common Stock (5500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	5360.194	Indirect
NBT Bancorp Inc. Common Stock	1576.702	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		NBT Bancorp Inc. Common Stock (9900.668)	9900.668	Direct

Footnotes

F1: Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.

F2: Each share of phantom stock is deemed invested in one share of NBT Bancorp Inc. common stock pursuant to the terms of the Deferred Compensation Plan.