SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DELANEY TIMOTHY E

(Last) (First) (Middle)
52 SOUTH BROAD STREET

(Street)
NORWICH NY 13815

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NBT BANCORP INC [ NBTB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
NBT Bancorp Inc. Common Stock 11/20/2015 M 500 A $22.5508 52,212.719 D
NBT Bancorp Inc. Common Stock 11/20/2015 S 500 D $29.8798 51,712.719 D
NBT Bancorp Inc. Common Stock 11/20/2015 M 500 A $22.4842 52,212.719 D
NBT Bancorp Inc. Common Stock 11/20/2015 S 500 D $29.8798 51,712.719 D
NBT Bancorp Inc. Common Stock 11/20/2015 M 500 A $21.74 52,212.719 D
NBT Bancorp Inc. Common Stock 11/20/2015 S 500 D $29.8798 51,712.719 D
NBT Bancorp Inc. Common Stock 11/20/2015 M 167 A $22.3842 51,879.719 D
NBT Bancorp Inc. Common Stock 11/20/2015 S 167 D $29.8798 51,712.719 D
NBT Bancorp Inc. Common Stock 270.801 I Spouse as custodian
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $21.74 11/20/2015 M 500 05/01/2007 (1) 05/01/2016 NBT Bancorp Inc. Common Stock 500 $29.8798 0 D
Non-Qualified Stock Option (right to buy) $22.3842 11/20/2015 M 167 02/13/2007 (1) 02/13/2016 NBT Bancorp Inc. Common Stock 167 $29.8798 0 D
Non-Qualified Stock Option (right to buy) $22.4842 11/20/2015 M 500 05/01/2008 (1) 05/01/2017 NBT Bancorp Inc. Common Stock 500 $29.8798 0 D
Non-Qualified Stock Option (right to buy) $22.5508 11/20/2015 M 500 05/01/2009 (1) 05/01/2018 NBT Bancorp Inc. Common Stock 500 $29.8798 0 D
Explanation of Responses:
1. 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.
By: F. Sheldon Prentice For: Timothy Delaney 11/23/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.