HUTCHERSON MICHAEL H 4

4 · NBT BANCORP INC · Filed Jan 27, 2004

Form 4

Period: 2004-01-26

Director

Transactions

Award
NBT Bancorp Inc. Common Stock
2004-01-26+228→ 2,272 total
Award
Non-Qualified Stock Option (right to buy)
2004-01-26+1,438→ 1,438 total
Exercise: $22.14From: 2005-01-01Exp: 2014-01-01→ NBT Bancorp Inc. Common Stock (1,438 underlying)
Award
NBT Bancorp Inc. Common Stock
2004-01-26+168→ 2,440 total

Holdings

Non-Qualified Stock Option (right to buy)
Exercise: $17.60From: 2004-01-01Exp: 2013-01-01→ NBT Bancorp Inc. Common Stock (1,000 underlying)
1,000
NBT Bancorp Inc. Common Stock
(indirect: By Spouse)
2,532

Footnotes (3)

[F1]Acquired pursuant to the formula provisions of the NBT Bancorp Inc. Non-employee Directors' Restricted and Deferred Stock Plan pursuant to which each outside director is entitled to receive an annual retainer for Board service in the form of restricted shares of the Company's common stock rather than cash that vests in three annual installments.
[F2]Acquired pursuant to the NBT Bancorp Inc. Non-employee Directors' Restricted and Deferred Stock Plan pursuant to which each outside director is entitled to receive an annual retainer for Board service in the form of deferred shares of the Company's common stock rather than cash that vests immediately upon date of grant.
[F3]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.

Documents

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