NBT Bancorp Inc. director just cashed-in 2,573 options


Richard Chojnowski, a director of NBT Bancorp Inc., recently cashed-in 2,573 options. The options were exercised at prices ranging between $20.75 and $21.74, while the sales took place at $24.00 per share, on October 16, 2013. Chojnowski continues to hold 276,639 shares of the company. Chojnowski operates out of Norwich, NY. Some additional info was provided as follows:

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.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. NBT Bancorp Inc. next reports earnings on October 21, 2013.

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