Sec Form 4 Filing - SANTANGELO JOSEPH A @ NBT BANCORP INC - 2016-11-16

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SANTANGELO JOSEPH A
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)
(Last) (First) (Middle)
52 SOUTH BROAD STREET
3. Date of Earliest Transaction (MM/DD/YY)
11/16/2016
(Street)
NORWICH, NY13815
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 11/16/2016 M 1,500 A $ 22.4842 19,070 D
NBT Bancorp Inc. Common Stock 11/16/2016 S 1,500 D $ 38.9 17,570 D
NBT Bancorp Inc. Common Stock 11/16/2016 M 1,500 A $ 22.5508 19,070 D
NBT Bancorp Inc. Common Stock 11/16/2016 S 1,500 D $ 38.9 17,570 D
NBT Bancorp Inc. Common Stock 67,998.971 I by Corporation
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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) $ 22.4842 11/16/2016 M 1,500 05/01/2008( 1 ) 05/01/2017 NBT Bancorp Inc. Common Stock 1,500 $ 38.9 0 D
Non-Qualified Stock Option (right to buy) $ 22.5508 11/16/2016 M 1,500 05/01/2009( 1 ) 05/01/2018 NBT Bancorp Inc. Common Stock 1,500 $ 38.9 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SANTANGELO JOSEPH A
52 SOUTH BROAD STREET
NORWICH, NY13815
X
Signatures
By: F. Sheldon Prentice, Power of Attorney For: Joseph A. Santangelo 11/17/2016
Signature of Reporting Person Date
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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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