NBT BANCORP INC — Director's Dealing 2018

Feb 13, 2018

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2017-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-31	NBT Bancorp Inc. Common Stock	J	98.696	$0.0	Acquired	5360.194	Indirect
2017-12-31	NBT Bancorp Inc. Common Stock	J	29.031	$0.0	Acquired	1576.702	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-31	Phantom Stock	$	J	154.916	Acquired		NBT Bancorp Inc. Common Stock (154.916)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	49670	Direct

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 (5500)	5500	Direct

Footnotes

F1: Shares were purchased through dividend reinvestment from 1/1/2017 through 12/31/2017 through NBT Bancorp Inc. 401k Plan.

F2: Shares were purchased through dividend reinvestment from 1/1/2017 through 12/31/2017 through NBT Bancorp Inc. ESOP Plan.

F3: 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.

F4: Shares acquired under NBT Bancorp Dividend Reinvestment Plan during period of 1/1/2017 to 12/31/2017.

F5: Pursuant to NBT Bancorp Inc. Omnibus Stock Option Agreement the grant vests 40% for first year, 20% annually for following years.