NBT BANCORP INC - Director's Dealing 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NBT BANCORP INC (NBTB)
CIK: 0000790359
Period of Report: 2016-01-15

Reporting Person: LEVY JEFFREY M (EVP/ Pres Commercial Banking)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-15	NBT Bancorp Inc. Common Stock	F	235.0	$25.11	Disposed	41309.93	Direct
2016-01-15	NBT Bancorp Inc. Common Stock	F	520.0	$25.11	Disposed	40789.93	Direct
2016-01-15	NBT Bancorp Inc. Common Stock	F	432.0	$25.11	Disposed	40357.93	Direct
2016-01-15	NBT Bancorp Inc. Common Stock	F	435.0	$25.11	Disposed	39922.93	Direct
2016-01-15	NBT Bancorp Inc. Common Stock	F	474.0	$25.11	Disposed	39448.93	Direct
2016-01-19	NBT Bancorp Inc. Common Stock	S	1503.0	$24.9682	Disposed	37945.93	Direct

Security	Shares	Ownership
NBT Bancorp Inc. Common Stock	5530.388	Indirect
NBT Bancorp Inc. Common Stock	1080.335	Indirect

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$20.19	2020-01-15	NBT Bancorp Inc. Common Stock (9000)	9000	Direct
Non-Qualified Stock Option (right to buy)	$25.38	2019-01-15	NBT Bancorp Inc. Common Stock (13000)	13000	Direct
Non-Qualified Stock Option (right to buy)	$25.762	2017-01-01	NBT Bancorp Inc. Common Stock (9000)	9000	Direct

F1: The sale price is an average of 1,503 shares sold at prices between $24.76 and $25.37

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.