other
confidence high
sentiment neutral
materiality 0.25
NBT Bancorp stockholders approve 2024 Omnibus Incentive Plan, replacing 2018 plan
NBT BANCORP INC
- Plan authorizes 750,000 new shares plus forfeitures from prior plans for issuance.
- Plan terminates automatically on May 20, 2034, unless earlier terminated by Board.
- Eligible participants include employees, officers, directors, consultants, and advisers.
- Permitted awards: options, SARs, restricted stock, RSUs, unrestricted stock, dividend equivalent rights, cash.
- Awards subject to Company's Incentive Compensation Recovery Policy (clawback).