JOHN H. WATT JR - 31 Jan 2025 Form 4 Insider Report for NBT BANCORP INC (NBTB)

Role
Director
Signature
By: Annette L. Burns, Power of Attorney For: John H. Watt, Jr.
Issuer symbol
NBTB
Transactions as of
31 Jan 2025
Net transactions value
-$385,106
Form type
4
Filing time
04 Feb 2025, 16:33:14 UTC
Previous filing
16 Jan 2025
Next filing
26 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NBTB NBT Bancorp Inc. Common Stock Tax liability $3,953 -83 -0.07% $47.63 120,131 31 Jan 2025 Direct
transaction NBTB NBT Bancorp Inc. Common Stock Tax liability $8,669 -182 -0.15% $47.63 119,949 31 Jan 2025 Direct
transaction NBTB NBT Bancorp Inc. Common Stock Tax liability $36,104 -758 -0.63% $47.63 119,191 31 Jan 2025 Direct
transaction NBTB NBT Bancorp Inc. Common Stock Tax liability $14,575 -306 -0.26% $47.63 118,885 31 Jan 2025 Direct
transaction NBTB NBT Bancorp Inc. Common Stock Award $0 +7,723 +6.5% $0.000000 126,608 31 Jan 2025 Direct F1
transaction NBTB NBT Bancorp Inc. Common Stock Tax liability $16,861 -354 -0.28% $47.63 126,254 31 Jan 2025 Direct
transaction NBTB NBT Bancorp Inc. Common Stock Award $0 +210 +0.17% $0.000000 126,464 01 Feb 2025 Direct F2
transaction NBTB NBT Bancorp Inc. Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $304,945 -6,359 -100% $47.96 0 31 Jan 2025 401k F3
* 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 following the end of a three year performance period. Mr. Watt retired and pursuant to the award agreement received a pro-rata portion of the performance award at target achievement.
F2 Acquired pursuant to the NBT Bancorp Inc. 2024 Omnibus Incentive Plan. Each outside director is entitled to receive an annual retainer for Board service in the form of restricted stock units of the Company's common stock that vest in one year.
F3 202.53 shares were purchased through payroll deferral and/or dividend reinvestment from 1/1/2024 to 12/31/2024 through NBT Bancorp Inc. 401k Plan.