JOHN H. WATT JR - 20 Mar 2023 Form 4 Insider Report for NBT BANCORP INC (NBTB)

Signature
By: Annette L. Burns, Power of Attorney For: John H. Watt, Jr.
Issuer symbol
NBTB
Transactions as of
20 Mar 2023
Net transactions value
$0
Form type
4
Filing time
22 Mar 2023, 20:00:41 UTC
Previous filing
18 Jan 2023
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NBTB NBT Bancorp Inc. Common Stock Award $0 +10,824 +9.5% $0.000000 124,590 20 Mar 2023 Direct F1
transaction NBTB NBT Bancorp Inc. Common Stock Award $0 +11,121 +8.9% $0.000000 135,711 20 Mar 2023 Direct F2
holding NBTB NBT Bancorp Inc. Common Stock 5,947 20 Mar 2023 401k
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to NBT Bancorp Inc. Omnibus Performance Unit Agreement, each member of a select group of Management is entitled to receive an award based on Company performance goals in the form of restricted stock units that vest one year following the end of a performance period.
F2 Pursuant to NBT Bancorp Inc. Omnibus Restricted Stock Unit Agreement the grant vests 20% annually.