4//SEC Filing
PARENTE CHARLES E 4
Accession 0001127602-11-000849
CIK 0000723188other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 6:09 PM ET
Size
15.8 KB
Accession
0001127602-11-000849
Insider Transaction Report
Form 4
PARENTE CHARLES E
Director
Transactions
- Disposition to Issuer
Common Stock
2010-12-31$27.77/sh−2,688.01$74,646→ 16,164 total - Exercise/Conversion
Common Stock
2010-12-31+2,688.01→ 18,852.01 total - Exercise/Conversion
Stock Option
2010-12-31−12,285→ 0 totalExercise: $23.04From: 2005-12-21Exp: 2011-12-31→ Common Stock (12,285 underlying) - Exercise/Conversion
Phantom Stock (Stock Balance Plan)
2010-12-31−2,688.01→ 0 totalExercise: $0.00→ Common Stock (2,688.01 underlying) - Exercise/Conversion
Common Stock
2010-12-31$23.04/sh+12,285$283,046→ 26,357 total - Tax Payment
Common Stock
2010-12-31$27.77/sh−10,193$283,060→ 16,164 total
Holdings
- 348,000(indirect: By Benevento & Mayo Partners)
Common Stock
- 21,000(indirect: By Trust)
Common Stock
- 3,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Each phantom stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock. Phantom Stock (Stock Balance Plan) may be settled upon the later of the reporting person's attainment of age 55 or termination of service on Community Bank System, Inc.'s Board of Directors. The reporting person retired from the Board of Directors effective December 31, 2010 and he settled his phantom stock units for cash.
- [F2]Includes 86.2 units of phantom stock acquired pursuant to the Stock Balance Plan's dividend reinvestment feature.
Documents
Issuer
COMMUNITY BANK SYSTEM INC
CIK 0000723188
Entity typeother
Related Parties
1- filerCIK 0001279178
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 6:09 PM ET
- Size
- 15.8 KB