NBT Bancorp Inc.'s President of Retail Banking just cashed-in 15,831 options

David E Raven, NBT Bancorp Inc.'s President of Retail Banking, recently cashed-in 15,831 options. The options were exercised at $22.17, while the sales took place at $24.25 per share, on dates ranging from October 28 to October 29, 2013. Raven continues to hold 70,888 shares of the company. Raven operates out of Norwich, NY. Some additional info was provided as follows:

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

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