SEC Filing | NBT Bancorp

View:

SEC FORM 5 SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0362
Estimated average burden
hours per response:			1.0

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

FORSYTHE DARYL R

(Last)

(First)

(Middle)

52 SOUTH BROAD STREET

(Street)

NORWICH

13815

(City)

(State)

(Zip)

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)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2006

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
NBT Bancorp Inc. Common Stock	12/31/2006		J	51.353	A	$0⁽¹⁾	124,000.302	D
NBT Bancorp Inc. Common Stock	12/31/2006		J	24.296	A	$0⁽²⁾	3,273.336	I	401k
NBT Bancorp Inc. Common Stock	12/31/2006		J	13.385	A	$0⁽³⁾	1,803.333	I	NBT Bancorp ESOP
NBT Bancorp Inc. Common Stock							1,842	I	by Spouse

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$21.74						05/01/2007⁽⁴⁾	05/01/2016	NBT Bancorp Inc. Common Stock	5,000		5,000	D
Non-Qualified Stock Option (right to buy)	$22.1715						01/01/2005⁽⁵⁾	01/01/2014	NBT Bancorp Inc. Common Stock	18,266		18,266	D
Non-Qualified Stock Option (right to buy)	$22.3517						09/01/2006⁽⁶⁾	09/01/2014	NBT Bancorp Inc. Common Stock	9,700		9,700	D
Non-Qualified Stock Option (right to buy)	$22.4075						09/08/2006⁽⁶⁾	09/08/2014	NBT Bancorp Inc. Common Stock	15,365		15,365	D
Non-Qualified Stock Option (right to buy)	$23.2708						01/20/2006⁽⁵⁾	01/20/2015	NBT Bancorp Inc. Common Stock	31,907		31,907	D
Non-Qualified Stock Option (right to buy)	$23.7553						07/01/2007⁽⁶⁾	07/01/2015	NBT Bancorp Inc. Common Stock	12,841		12,841	D
Non-Qualified Stock Option (right to buy)	$23.8712						07/05/2007⁽⁶⁾	07/05/2015	NBT Bancorp Inc. Common Stock	2,693		2,693	D

Explanation of Responses:

1. Shares acquired under NBT Bancorp Dividend Reinvestment Plan during period of 10/1/2006 to 12/31/2006.

2. Shares were purchased from 10/1/2006 through 12/31/2006 through NBT Bancorp Inc. 401k Plan.

3. Shares were purchased from 10/1/2006 through 12/31/2006 through NBT Bancorp Inc. ESOP Plan.

4. 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.

5. Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan grant vests 40% for first year, 20% annually for following years.

6. Pursuant to NBT Bancorp Inc. 1993 Stock Option Plan reload grant vests 100% two years after date of its grant.

	By: Michael J. Chewens, Power of Attorney For: Daryl R. Forsythe	02/13/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.